Florida Governor Ron DeSantis signed bill on Monday that asserts state oversight over the land surrounding Walt Disney World, drastically altering a special tax district that has allowed Walt Disney Co to operate with considerable autonomy for the past half-century.
Ron DeSantis signed the bill at Reedy Creek Fire Station #4 in Lake Buena Vista.
“Allowing a corporation to control its own government is bad policy, especially when the corporation makes decisions that impact an entire region,” DeSantis said in a statement. “This legislation ends Disney’s self-governing status, makes Disney live under the same laws as everybody else, and ensures that Disney pays its debts and fair share of taxes.”
According to press release, this legislation amends the Reedy Creek Improvement District charter which:
Press conference: