Apr 22, 2022
Florida lawmakers have stripped Disney of special tax status
Florida lawmakers have voted to strip Walt Disney of its special self-governing status amid a political clash between the company and the governor. The move is widely seen as retribution for Disney's opposition to a bill that bars primary school classrooms from discussing sexual orientation. Known as the Reedy Creek Improvement District, it was created in a 1967 deal between the state and the Walt Disney Company. Following the vote, Disney's special district will be dissolved on 1 June, 2023.Its special status had effectively allowed the company to operate as its own municipal government, with its own board of supervisors and fire department, and meant Disney could even build its own airport, or nuclear power plant if desired. Disney's special relationship with the state of Florida came under threat over its response to a gender and sexuality education bill signed by Mr DeSantis last month.
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