Florida Gov. Ron DeSantis' reveals plans for Disney's Reedy Creek - Jacksonville Business Journal

  • 📰 JaxBizJournal
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

'State-controlled board' envisioned to replace Disney's Reedy Creek

."Under the proposed legislation, Disney will no longer control its own government, will live under the same laws as everyone else, will be responsible for their outstanding debts, and will pay their fair share of taxes. Imposing a state-controlled board will also ensure that Orange County cannot use this issue as a pretext to raise taxes on Orange County residents.”

The state did not provide any other details including who will propose the actual legislation or a timeline.Removing and revising powers of the districtRevising 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 taxationRevising the district’s regulatory framework and structureRepresentatives with Disney and the district were not available for comment.DeSantis signed a bill in April that enacted the dissolution of

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 599. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Florida Gov. Ron DeSantis' reveals plans for Disney's Reedy Creek - Jacksonville Business JournalThe Reedy Creek district's future has been a major concern for many in the region.
Source: JaxBizJournal - 🏆 599. / 51 Read more »