A notice has been posted on the Osceola County website to seek legislation before the Florida Legislature to strip Disney of its special self-governing power.
Florida Governor Ron DeSantis has said that the legislation will result in Reedy Creek board members being appointed by the Florida Governor and Disney paying upwards of $700 million in Reedy Creek debt.
The action by DeSantis comes in retaliation to Disney's public opposition to the parental rights law, which took place under the ex-CEO Bo Chapek.
It remains to be seen how the return of Bob Iger, who is thought to be more politically adept than his predecessor, will factor into the situation.
The notice in full:
Published on: Jan 6, 2023
Reedy Creek Improvement District
Notice is hereby given of intent to seek legislation before the Florida Legislature, during a regular, extended, or special session, of an act relating to the Reedy Creek Improvement District, Orange and Osceola Counties; amending, reenacting, and repealing Chapter 67-764, Laws of Florida, and decree in chancery no. 66-1061 (May 13, 1966); removing and revising powers of the District; increasing state oversight, accountability, and transparency of the District; revising the selection process, membership qualifications, and compensation for the governing body of the District; ensuring debts and bond obligations held by the District remain with the District and are not transferred to other governments by retaining the District's authority related to indebtedness and taxation; revising the District's authority over local permitting and regulation; revising the District's regulatory framework and structure; instituting reporting requirements, including a review of the District's remaining powers; describing the District boundaries and name; revising exceptions to general law and certain special acts; removing duplicative provisions; making conforming changes; creating an exception to general law; providing an effective date.
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