There is a plan to replace Disney World's self-governing power with a state-run board.
The notice was posted on the website of the county where Disney World is located. According to sources in the governor's office, the legislation will require that members of the board be appointed by the governor.
Taryn Fenske said that the corporate kingdom had ended. Disney will no longer control its own government, will live under the same laws as everyone else, and will pay their fair share of taxes.
She said that a state-controlled board would make it impossible for Orange County to raise taxes on residents.
Disney will have to pay up to $700 million dollars in debt to Disney's special jurisdiction, known as the Reedy Creek Improvement District, and not Orange County taxpayers, according to sources.
The Disney World governing power in the state was dissolved last year after the company publicly opposed a new parental rights law in the state. Disney lied about the "Parental Rights in Education" law's contents and he viewed the company's vow to fight it as unacceptable, according to the Florida Republican.
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Bill STRIPPINGDISNEY OF SELF GOVERNING has been signed by De Santis.
Adrian Lukis, the governor's former chief of staff, said that the governor was doing what he said he would. Disney will have to be responsible for any financial consequences because it can't have its own government.
"While this will be painful for Disney, I expect businesses throughout the state will be proud of their governor for making it clear that he doesn't care who you are, or how politically connected you are - no one gets special treatment in Florida."
Florida park goers say that Walt Disney would be rolling over in his grave.
The Financial Times reported in December that Disney World's special status was going to be reversed. The claim was denied by a spokesman for the company.
The governor does not make U-turns. The governor was correct to remove the extraordinary benefit given to one company.
There will be an even playing field for businesses in Florida, and the state doesn't owe any special favors to one company. Disney will not owe the taxpayers of Florida any money. There is a plan in the works.
Bob Iger told employees he wanted to scrutinize the AUDIENCE.
The Reedy Creek Improvement Act was signed into law by the governor. The entertainment giant proposed building a recreation-oriented development on 25,000 acres of property in a remote area of Central Florida.
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The Reedy Creek Improvement District was established by the state legislature in order to allow Disney to act with the same authority and responsibility as a county government.
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