Florida Lawmakers Vote to End Disney’s Tax Privilege, Self-Governing Status

Florida’s Republican-led Senate approved a bill on Wednesday that would eliminate the Walt Disney Company’s special tax district that has allowed the company to self-govern its land.

The Florida House is also expected to vote in favor of the legislation after Republican Gov. Ron DeSantis announced Tuesday that lawmakers will be “considering termination of all special districts that were announced in Florida prior to 1968 — and that includes the Reedy Creek Improvement District.”

The special tax district allows Disney wide-ranging autonomy, including over local police and fire departments on the land where its theme park sits in Orlando. It currently saves the company tens of millions of dollars a year in exemptions from various regulations, taxes and fees, the Wall Street Journal reported, citing a person familiar with the company’s finances.

The Reedy Creek Improvement District was created in 1967 in an effort to “support and administer” various aspects of “economic development and tourism within District boundaries.” (Read more from “Florida Lawmakers Vote to End Disney’s Tax Privilege, Self-Governing Status” HERE)

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