Florida’s Republican-controlled House of Representatives voted to dismantle Walt Disney Co’s (NYSE:DIS) self-governing special district.
What Happened: In a 68-38 vote, the House passed the measure advocated by Florida Gov. Ron DeSantis, who called on the legislature to bring about the “termination of all special districts that were enacted in Florida prior to 1968, and that includes the Reedy Creek Improvement District.” The Florida Senate passed the bill yesterday in a 23-16 vote.
