Efforts by Florida Republicans and Governor Ron DeSantis to revoke Disney World’s decades-old governing agreement could force local governments to raise taxes for thousands of residents in neighbouring counties who are forced to shoulder hundreds of millions of dollars in Disney’s debt obligations, according to local officials.
The state’s Republican-dominated state legislature is likely to quickly approve a measure during a special legislative session that would eliminate the governing structure for the company’s sprawling theme park properties in 2023. It passed the state Senate on 20 April.
