Today, Governor Ron DeSantis signed House Bill (HB) 9-B, Reedy Creek Improvement District, Orange, and Osceola Counties, to end self-governing status and special privileges provided to Walt Disney World through the Reedy Creek Improvement District and establish a new state-controlled district accountable to the people of Florida. The bill provides legislative intent on the district's authority to raise revenue and pay outstanding bonds and other obligations without interruption. More on HB 9-B can be found here.
"Allowing a corporation to control its own government is bad policy, especially when the corporation makes decisions that impact an entire region," said Governor Ron DeSantis. "This legislation ends Disney's self-governing status, makes Disney live under the same laws as everybody else, and ensures that Disney pays its debts and fair share of taxes."
HB 9-B ends Disney's self-governing status and imposes a five-member state control board that is appointed by the Governor and subject to Senate confirmation.
This legislation amends the Reedy Creek Improvement District charter which:
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