Gov. DeSantis to Replace Disney’s Self-Governing Board With State-Run Board

On Friday, legislation backed by Florida Governor Ron DeSantis Introduced that would see Disney World’s self-governing power It would be replaced by a state-run board. This would ensure that the company pays $700,000,000 in unsecured debt, and not taxpayers.

According to Fox News, DeSantis’ communications director Taryn Fenske said, “The corporate kingdom has come to an end. Under the proposed legislation, Disney will no longer control its own government, will live under the same laws as everyone else, will be responsible for their outstanding debts, and will pay their fair share of taxes.”

“Imposing a state-controlled board will also ensure that Orange County cannot use this issue as a pretext to raise taxes on Orange County residents,” Fenske added.

Since 1967, Disney Responsible for governing an area within Orange Osceola Known as Reedy Creek Through the The Reedy Creek Improvement ActAn arrangement that grants the company special tax and legal rights. Daily Mail reports. The notice To Disney This was posted on Osceola County website.

The Removal of Disney’s special treatment comes as part of an ongoing fight between the company and the state related to the DeSantis administration’s Parental Rights in Education BillThis prevents teachers deceiving K-3 students about gender ideology. Ever Since former CEO Bob Chapek Last year, DeSantis’ antigrooming bill was criticized by the Governor It has been trying to get rid of that self-governing privilege.

As The Post Millennial DeSantis was previously reported signed the bill into law on March 28 Both on the same day Disney A statement was released in which the law should be repealed. It was referred to as the “Don’t Say Gay” bill. In April, DeSantis signed A bill to end The Reedy Creek Improvement Act And said: “You’re a corporation based in Burbank, California, and you’re gonna marshal your economic might to attack the parents of my state. We view that as a provocation, and we’re going to fight back against that.”

“The governor is doing exactly what he said he would,” Former chief of staff for DeSantis Adrian Lukis said. “Disney can no longer have its own government and own taxing authority, and Disney — not taxpayers — will have to be responsible for any financial consequences.”

Florida State Rep. Randy Fine he stated that to ensure the success of Disney The company must stop making woke movies in order to repair its relationship.