Column: In Florida, DeSantis punishes Disney — by giving it a big tax cut
2 years, 8 months ago

Column: In Florida, DeSantis punishes Disney — by giving it a big tax cut

LA Times  

Ron DeSantis addresses the crowd before signing a bill dissolving the special district created to foster the development of Walt Disney World in 1967. It’s the consequence of the law DeSantis signed that will dissolve the Reedy Creek Improvement District, a special district Florida created in 1967. As a result, there is considerable confusion in Florida over how much the change will cost local taxpayers, how it will affect development on Disney’s property — the company owns pretty much all 27,258 acres lying within Reedy Creek’s bounds, or even how the Legislature’s action might produce a torrent of litigation. The credit-rating agency Fitch, which monitors the credit worthiness of municipal bond issuers like Reedy Creek, did place the district’s outstanding borrowings on negative rating watch after DeSantis signed the law April 22, however. Disney might also find a way to get the Republicans to back off, perhaps by some face-saving change to the Reedy Creek Improvement District terms that will give DeSantis a rhetorical victory while not changing anything really important about Disney’s reign over its 27,000-acre Florida kingdom.

History of this topic

Florida tourism board approves Walt Disney World expansion plans, ending Disney-DeSantis feud
6 months, 1 week ago
Settlement reached in lawsuit between Disney and Florida Gov. Ron DeSantis’ allies
8 months, 3 weeks ago
Shakeup continues at Disney district a year after takeover by DeSantis appointees
9 months, 1 week ago
Column: DeSantis notches a courthouse win against Disney, thanks to a Trumpian right-wing judge
10 months, 3 weeks ago
DeSantis appointees seek Disney communications about governor, laws in fight over district
1 year, 1 month ago
DeSantis appointees seek Disney communications about governor, laws in fight over district
1 year, 1 month ago
Morale is down and cronyism up after DeSantis takeover of Disney World government, ex-employees say
1 year, 1 month ago
Disney says DeSantis-appointed district is dragging feet in providing documents for lawsuit
1 year, 1 month ago
DeSantis allies ask Florida judge to throw out Disney’s counterclaims in lawsuit
1 year, 2 months ago
DeSantis’ retaliation against Disney hurts Florida, former governors and lawmakers say
1 year, 4 months ago
Ron DeSantis tells federal judge to DISMISS Disney's lawsuit over Reedy Creek
1 year, 5 months ago
DeSantis v Disney: Why Florida’s governor is at war with the Mouse
1 year, 6 months ago
Why is Florida Governor Ron DeSantis feuding with Disney?
1 year, 7 months ago
Disney asks Florida court to dismiss suit from DeSantis-picked board
1 year, 7 months ago
Disney CEO Bob Iger escalates feud with Ron DeSantis for taking away company's special tax district
1 year, 7 months ago
DeSantis board sues Disney in latest tug-of-war in Florida
1 year, 7 months ago
Disney sues DeSantis, calling park takeover ‘retaliation’
1 year, 7 months ago
Disney SUES Ron DeSantis in war over Reedy Creek
1 year, 7 months ago
Florida Governor DeSantis intensifies battle with Disney
1 year, 8 months ago
Gov. DeSantis surrogates escalate tit-for-tat versus Disney
1 year, 8 months ago
Disney's Bob Iger takes aim at DeSantis and says 'to be punished' for free speech is 'not Florida'
1 year, 8 months ago
Column: How Disney’s lawyers brutally mauled DeSantis over control of Disney World
1 year, 8 months ago
What did Disney actually lose from its Florida battle with DeSantis?
1 year, 9 months ago
Ron DeSantis takes over Disney district after ‘Don’t Say Gay’ row
1 year, 9 months ago
DeSantis nears takeover of Disney government in Florida
1 year, 10 months ago
Ron DeSantis Expected To Control Disney District Governing Board
1 year, 10 months ago
DeSantis feud with Disney enters new phase as Florida lawmakers announce special session next week
1 year, 10 months ago
Federal judge dismisses Florida taxpayer lawsuit over Disney World district
2 years, 7 months ago
Disney Florida fallout: Taxpayers sue DeSantis for axing company’s special tax status
2 years, 7 months ago
Ron DeSantis' war against Disney is about to hit a major snag: legal expert
2 years, 7 months ago
'Undemocratic and unfair': Ron DeSantis' Disney stunt leaves Florida holding the bag
2 years, 8 months ago
Disney government dissolution bill signed by DeSantis
2 years, 8 months ago
EXPLAINER: Why are Disney and DeSantis feuding in Florida?
2 years, 8 months ago
DeSantis signs law to ax Disney’s self-governance privileges
2 years, 8 months ago
Florida lawmakers vote to revoke Disney’s perks
2 years, 8 months ago
Years of fruitful relations between Disney, Florida at risk
2 years, 8 months ago
Florida counties could end up footing Disney's $1B bond debt
2 years, 8 months ago
Florida Gov DeSantis pushes to end Disney self-government
2 years, 8 months ago
Ron DeSantis will decide THIS WEEK whether to rip up Disney's special district status
2 years, 8 months ago
Column: In Florida, Disney learns what happens when its politicians won’t stay bought
2 years, 8 months ago

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