Connect with us

Hi, what are you looking for?

The DisInsiderThe DisInsider

Disney

Florida Residents Suing Gov. DeSantis over Repeal of Disney World’s Special Tax District

The lawsuit states that residents will now be forced to pay off Disney’s bond debt.

Florida taxpayers filed a complaint today over Gov. Ron DeSantis decision to sign a law dissolving special tax districts.

According to The Hollywood Reporter a lawsuit was expected to appear after Florida lawmakers passed a bill in April stripping Disney of their special privileges. Due to the company’s opposition to the state’s widely criticized “Don’t Say Gay” law.

The residents of Central Florida claim that dissolving the Reedy Creek Improvement District. Will lead to increased taxes for the residents who will have to pay off Disney’s bond debt. Which is estimated to be between $1 billion and $2 billion.

The complaint says “Stripping Disney of this special district designation will move these major regulatory burdens unto the county, thereby increasing the Plaintiff’s taxes, and will cause significant injury to plaintiffs”

The new law states that any independent special districts that were created prior to 1968 and haven’t been renewed since will be dissolved in June 2023. Reedy Creek says that it will explore its options while “continuing its present operations”

Neither Disney nor Gov. DeSantis have released a statement regarding the lawsuit at this time.


Discover more from The DisInsider

Subscribe to get the latest posts sent to your email.

Click to comment

Leave a Reply

Disney News

Disney

November 8, 1973: Robin Hood is released in theaters. November 9, 1994: Skyway closes at Disneyland. November 10, 2023: The Marvels is released in...

Disney+

READ: ‘Percy Jackson and the Olympians’ Season 2 Finale REVIEW/RECAP: The Fleece Works It’s Magic Too Well It been almost 11 months since the...

Disney

November 1, 2003: Brother Bear is released in theaters. November 2, 2001: Monsters Inc. is released in theaters. Happy 25th anniversary! November 3, 2022:...

National Geographic

We were lucky to see an advanced IMAX screening of “Everest: The Other Side,” an EPIC documentary film from National Geographic & Disney. To...