Thursday, April 21, 2022

Disney's taxes and regulatory authority on the line

Florida Senate Passes Bill Stripping Disney World of Special Status

Florida’s Senate passed a bill yesterday during a special session that would dissolve the special tax district that has allowed Walt Disney World to enjoy autonomy since 1967 as the showdown between the Walt Disney Company and Florida’s leaders over a new parental rights law continues.

Disney has been out of compliance since 1997 with a law that required districts to seek re-codification.

The Florida Senate’s 23-16 vote came after Governor Ron DeSantis called for the Florida legislature to expand its special session to review the privileges granted to Disney World. The measure now heads to the Florida House which is also led by Republicans. If passed in the lower chamber of Florida’s legislature, DeSantis is expected to sign the bill to eliminate Disney World’s special tax and operational status.

Article III, Section 11(a)(12) of the Florida Constitution of 1968 prohibits special laws granting privileges to private corporations.

Disney will have a year to get its act together and basically get "unwoke."

3 comments:

Anonymous said...

Who was Governor then?

Lynn Anderson said...

it might have been Reubin Askew

Lynn Anderson said...

maybe Claude Kirk