Corporate Kingdom comes to an end

DeSantis appoints 5 in new board for Disney’s Reedy Creek

Along with the end of Disney’s self-governing status, the new law will end Disney’s exemption from the Florida building code and Florida fire prevention code, Disney’s exemption from state and regulatory reviews and approval, ensure Disney pays “its fair share of taxes,” and prevent the situation from raising local taxes, according to the governor. “This bill will also impose Florida law on this area, just like it’s imposed on Universal Studios and SeaWorld and all these other places. And this bill and the structure we’ve created in this bill will ensure that the municipal debt that’s been racked up will be paid by Disney, not by Florida taxpayers,” DeSantis said.

As Reported by Brenda Argueta digital journalist ClickOrlando.com 

 

 

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