The Florida government could take over control of the district that oversees Disney World, Gov. Ron DeSantis said Monday, after he and state Republicans abruptly voted to wrest control of the district away from Disney.
Cinderella Castle is at Disney World.
The law dissolving the Reedy Creek Improvement District was enacted by the Republican-controlled legislature in April.
The state would likely take control of Reedy Creek if it were to be removed.
There are a lot of things the state could do when it comes to Reedy Creek.
The governor said the state would force Disney to pay back its debts rather than forcing local counties to pay them.
If the special district is dissolved, its assets and liabilities will be handed over to the local governments that have jurisdiction over it.
The special district, which is set to be dissolved as of June 1, 2023, will likely be passed during the state's legislative session next year.
Disney will not have control over the government in the state of Florida. They will pay their share of taxes and be responsible for paying their debts.
The DeSantis regime will abolish and seize control of a local government in reprisal for opposing his extreme agenda, according to a state lawmaker.
More than 25,000 acres. Walt Disney World's property is twice the size of Manhattan and the Reedy Creek Improvement District covers a lot of land. The special district was established in 1967, and allows Walt Disney World to take care of municipal functions like fixing roads, fire department services, granting construction approval and managing waste that would typically be handled by the local government.
After the law was signed, Disney issued a statement saying it was for the law to be repealed by the legislature or struck down in the courts. Local officials in Orange County warned that if Disney's debts were to be shouldered, it could lead to a budget crisis and raise property taxes. It was the first indication of what specific proposals they could look like after he said he and lawmakers would pass measures to address those concerns.
How Disney will respond. The company hasn't responded to a request for comment on the proposal or the imminent dissolution of Reedy Creek. The special district, which is technically independent from Disney, said in a statement to investors before the law was enacted that it believed the government didn't have the authority to destroy it. Disney could argue that the state violated its First Amendment rights by retaliating against it if it fights Reedy Creek. Analysts have pointed out that if the special district is dissolved it could benefit Disney financially by decreasing the company's tax burden.
Disney could benefit from Republicans killing its special district.
Disney World could lose its special district status.
The Bill Dissolving Special District into Law was signed by the governor of Florida.
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