Breaking news for Republican voters: Florida Governor Ron DeSantis is taking control of Disney’s self-governing district, the Reedy Creek Improvement District (RCID), and holding the company accountable for $700 million in debt. This move by the governor is a game-changer and is seen as a significant win for Florida’s taxpayers.
Disney has agreed to work within the new framework and is monitoring the progression of the legislation, which is currently proposed. It seems that the company has finally caved to the governor, who has had a long and contentious history with the theme park giant.
Governor DeSantis is dissolving the Corporate Kingdom and ushering in a new era of accountability and transparency. The new bill proposed by Florida politicians would give the governor full control over the district and the ability to appoint the five-member board of supervisors that runs the special district.
Under the new rules proposed, if passed, no one who has ever been affiliated with Disney would be allowed to serve on the board, and board members would be subject to term limits. The governor would be responsible for picking the board members, which would give the state more control over the district.
This is a significant win for Republican voters who have long called for greater transparency and accountability in government. The proposed legislation would ensure that the state, not a corporation, is accountable to the people, and taxpayers will no longer be responsible for the company’s debts.
Democrats have attacked DeSantis for going after Disney, claiming that the dissolution of RCID would force county taxpayers to foot the bill for more than $1 billion in bond debt. However, the governor has been steadfast in his promise that Florida’s taxpayers will not take on Walt Disney World’s debt.
Governor DeSantis wants the state to assume control of the Disney-dominated self-governing body, which has run the Orlando-area theme parks for over 50 years. This move is seen as a significant victory for the governor and the Republican Party, who have long called for greater transparency and accountability in government.
In conclusion, Florida Governor Ron DeSantis is taking control of Disney’s self-governing district, the Reedy Creek Improvement District (RCID), and holding the company accountable for $700 million in debt.
The proposed legislation would give the governor full control over the district and the ability to appoint the board members. This move is seen as a significant win for Republican voters who have long called for greater transparency and accountability in government.
The proposed legislation would ensure that the state, not a corporation, is accountable to the people, and taxpayers will no longer be responsible for the company’s debts. This is a significant victory for the governor and the Republican Party.