DeSantis-backed Florida bill could REPLACE Disney's self-governing power with ... trends now
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Disney World's self-governing power in Florida could be replaced with a state-run board under radical plans backed by Governor Ron DeSantis.
The overhaul - part of an ongoing row between Disney and state officials which began over the 'Don't Say Gay' bill - would also force the company to pay $700 million dollars in unsecured debt that might otherwise have been paid by taxpayers.
Since 1967, Disney has been responsible for the governance of an area known as Reedy Creek, which is partly within Orange and Osceola counties. Critics say the arrangement gives the firm special legal and tax privileges.
DeSantis launched an effort to upend Disney's self-governing powers after the company's former CEO, Bob Chapek, condemned Florida's Rights in Education Bill, termed the Don't Say Gay bill, which limits teaching about sex and gender identity in the state's classrooms.
On Friday, a notice posted to the website of Osceola County said legislation would be introduced to create a state-controlled board for Reedy Creek.
DeSantis launched an overhaul of Disney's self-governing status within Reedy Creek after the company's former CEO publicly criticized Florida's 'Don't Say Gay' Bill
Since 1967, Disney has been responsible for the governance of an area known as Reedy Creek, which is partly within Orange and Osceola counties. The new bill would put a
