WOKE TO BROKE: Florida Governor Ron DeSantis Signs Bill Ending Disney’s Self-governing Status

Florida Governor Ron DeSantis on Monday signed a bill that takes control of a special tax district surrounding Walt Disney World that, as Reuters reports, for half a century allowed Walt Disney Co. to operate with an almost unprecedentedly high degree of autonomy.

The legislation, titled HB 9-B, ends Disney’s self-governing status, establishes a new state-controlled district and imposes a five-member state control board, which is appointed by the governor.

The board will also be confirmed by the state Senate.

“Today is the day the corporate kingdom finally comes to an end,” DeSantis said.

"Allowing a corporation to control its own government is bad policy, especially when the corporation makes decisions that impact an entire region."

The law also ends Disney's exemption from state regulatory reviews and codes and it ensures "that Disney will pay its fair share of taxes," DeSantis' office said.

https://www.zerohedge.com/political/desantis-signs-bill-killing-corporate-kingdom-disney-world