Florida’s Republican-led Senate approved a bill on Wednesday looking to eliminate Disney’s special tax district that has allowed the company to self-govern its land. The Florida House is also expected to vote in favor of the legislation after Republican Gov. Ron DeSantis announced on Tuesday that lawmakers will be “considering termination of all special districts that were announced in Florida prior to 1968 — and that includes the Reedy Creek Improvement District.”Special tax district allows Walt Disney Co. wide-ranging autonomy, including over local police and fire departments on the land its theme park sits in Orlando. It currently saves the company tens of millions of dollars a year, the Wall St. Journal reported.
Load More
Load More