So Disney has the power of eminent domain! Eminent domain is supposed to result in something done for the public good. Often it is done for the benefit of the local developer.
Newly released legislation by Florida Republicans on Monday will allow Governor Ron DeSantis to appoint all five leaders of Disney’s tax district in Orlando and will officially rename the district.
The bill will turn the Reedy Creek Improvement District into the the Central Florida Tourism Oversight and will deliver on DeSantis’ promise last year to take over the district.
DeSantis’ office said that the special tax district, which has allowed Disney to govern themselves since 1967, turned the theme park into “an unaccountable Corporate Kingdom.”
“Florida is dissolving the Corporate Kingdom and beginning a new era of accountability and transparency,” DeSantis’ office said. “These actions ensure a state-controlled district accountable to the people instead of a corporate-controlled kingdom.”
DeSantis’ office said that the legislation:
- Permanently eliminates Disney’s self-governing status.
- Imposes a state-controlled, term-limited board – with members appointed by the governor – on Disney and its property.
- Allows the state to impose taxes on Disney for possible road projects outside of the District’s boundaries.
- Ensures that Disney pays the $700+ million in unsecured debt – not Florida taxpayers.
- Provides no control of the district to the leftist local government in Orange County, which threatened to leverage the situation to raise local taxes.
- Imposes Florida law so that Disney is no longer given preferential treatment.
- Prevents Disney from gaining more land by eminent domain.
- Creates an avenue to compel Disney to contribute to local infrastructure.
DeSantis’ office also released a list of some of the powers that Disney previously had when they governed themselves:
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