And Democrats have warned that the move could cause local homeowners to get hit with big tax bills if they have to absorb bond debt from Disney — although such details are far from clear.
The bill would eliminate the Reedy Creek Improvement District, as the Disney government is known, as well as a handful of other similar districts by June 2023. The measure leaves room for the districts to be reestablished, with a Republican legislative leader signaling a likely restructuring of a 1967 deal that lawmakers struck with the company that allows it to provide services such as zoning, fire protection, utilities and infrastructure.
Still, the move represents the latest blow in a culture war harnessed by DeSantis as he runs for reelection and bolsters himself as a potential 2024 GOP presidential candidate through staunch opposition to liberal policies on race, gender and abortion. Democrats, the minority party in the Legislature, have railed against the proposal as clear retaliation against a company that has been a major economic driver in the state.
Source: Law Daily Report (lawdailyreport.net)
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