Florida Republicans’ efforts to strip Disney of its special self-government power over the company’s opposition to the so-called “Don’t Say Gay” law could backfire amid concerns of a large debt owed to the state.
Florida created Walt Disney World’s special district in 1967, and the state pledged not to alter its status unless all debts owed to the state are paid off — a promise that could place a hurdle in front of Gov. Ron DeSantis’s (R) move to strip the area of its special status.
DeSantis signed a bill on April 21 to dissolve the Reedy Creek Improvement District (RCID), a special taxing district that allows Walt Disney World to oversee its property as a quasi-governmental agency.
THE HILL
BY KELSEY CAROLAN – 04/29/22 4:45 PM ET