According to the Financial Times, the state appears more willing to compromise with Disney after attacking it for opposing state policy now that it has been dissolved.
The Cinderella's Castle is located at the Disney World Resort.
The Reedy Creek Improvement District, which covers Walt Disney World, could be saved from being dissolved by a compromise bill being worked on by Florida lawmakers.
According to the report, the compromise would allow Disney to keep Reedy Creek largely as it is, but add some changes.
If the legislature doesn't act before June 1, 2023, Reedy Creek will be dissolved.
Bob Iger was reinstalled as Disney's CEO on November 20, ousting Bob Chapek, who had started the feud with Disney over the "Don't Say Gay" bill.
Iger told employees last week that he was sorry to see them dragged into the battle over Reedy Creek and that the state of Florida has been important to them.
Requests for comment have not been responded to.
The initial law dissolving Reedy Creek was written by state Rep. Randy Fine, who said that Bob Iger's reappointment as CEO made it more likely.
Legislators can avoid a hefty tax burden from being placed on Florida residents by keeping Reedy Creek in place. The special district allowed Disney to directly fund things like road improvements, fire department services, and other infrastructure costs that taxpayers would now have to shoulder. Unless the policies governing Reedy Creek were restructured before the special district was dissolved, it would have to assume the district's debts of $1 billion. When DeSantis moved to get rid of Reedy Creek he didn't know how bad it would be for the state of Florida.
The Reedy Creek Improvement District was established in 1967, and allows Walt Disney World to govern itself, performing municipal functions like managing waste, fixing roads and granting construction permits. After Disney spoke out against the law, the Florida government put Reedy Creek in the crosshairs. Reedy Creek was dissolved and a carve-out in the state's social media censorship law was eliminated. Lawmakers had planned to address the tax burden before the special district was slated to be killed in June. The legislature had yet to come up with a plan for the dissolution, and at one point the Florida government could take over the property. The timetable for figuring out a way of moving forward with dissolving Reedy Creek was still uncertain, but Daniel Perez thinks we'll reach a solution soon.
Florida is about to change its stance on Disney's "Don't say Gay" punishment.
The Bill Dissolving Special District into Law was signed by the governor.
The state government should control Disney World's special district.
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