No more home rule for Disney in Florida

No more home rule for Disney in Florida

The new measure implemented by the Florida government will take effect in June 2023; could raise taxes on the company and area residents.
The new measure implemented by the Florida government will take effect in June 2023; could raise taxes on the company and area residents.

Last Friday, April 22, the Governor of Florida, United States, Ron DeSantis , signed a bill to withdraw Walt Disney’s special legal status of self-government in the state , which has been active for 55 years, after the company oppose the law known as “Do not say gay”.

A little less than a month after the beginning of the political-cultural dispute between the Floridian government and the entertainment giant, DeSantis approved a new law in relation to the special districts of the State with which Disney is expected to suffer enormous fiscal implications. Among these, the generation of higher taxes for the company and residents of Orange and Osceola counties.

Orange County Tax Collector Scott Randolph told The Washington Post that removing the company’s special status would mean raising taxes on its residents , since “the county will be stuck with $164 million or more a year. ” year in expenses without income ”.

The law that will enter into force in June 2023 was signed via express; the project was presented last Tuesday and approved on Thursday in the Legislature.

This move is seen as retaliation for negative criticism and opposition by Disney executives and some workers to the law dubbed “Don’t Say Gay.”

At the moment, the American media and entertainment conglomerate has not commented on this law.

Since 1967, the Reedy Creek Improvement District (RCID), as the Disney government is known, could collect taxes in addition to passing building codes and controlling utilities within its territory.

 

Melissa Galbraith
Melissa Galbraith is the World News reporter for Globe Live Media. She covers all the major events happening around the World. From Europe to Americas, from Asia to Antarctica, Melissa covers it all. Never miss another Major World Event by bookmarking her author page right here.