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Special Taxing District

All articles tagged with #special taxing district

business3 years ago•2 min saved

Disney and DeSantis in Legal Battle Over Board Appointments.

The board overseeing Disney's special taxing district, appointed by and aligned with Florida Governor Ron DeSantis, has voted to sue the company after Disney filed a lawsuit against the board. The dueling lawsuits follow 14 months of escalating tensions between DeSantis and Disney over a state law that restricts the teaching of sexual orientation and gender identity in schools. The fight has intensified in recent months after the Republican leader moved to take over the company's special taxing district and install a hand-picked board to oversee Disney's vast holdings around Orlando.

via CNN|

#business #disney #florida

business3 years ago•6 min saved

Disney sues DeSantis and oversight board over nullified agreement.

Disney has sued Florida Governor Ron DeSantis and his oversight board, accusing them of weaponizing political power to punish the company for exercising its free speech rights. The lawsuit was filed after the board sought to invalidate an agreement struck between Disney and the previous board in February. The fight has strained the relationship between Florida’s government and the state’s best-known employer and attraction of tourist dollars. The fight now shifts to the courts, where Disney is seeking an injunction that would block the board from exercising the power DeSantis and the Republican-led legislature sought to hand it.

via CNN|

#business #disney #free-speech

politics3 years ago•11 min saved

Disney's Strategic Maneuvers Outplay Florida Governor's Threats.

Florida Governor Ron DeSantis' yearlong battle with Disney over the company's special taxing district has resulted in Disney seemingly retaining control of the land around its Orlando-area theme parks. DeSantis has ordered an investigation and threatened further actions, including taxes on Disney's hotels and new tolls around its theme parks. The saga threatens to undermine DeSantis' political brand as he lays the groundwork for a likely presidential campaign. The episode is illustrative of the potential pitfalls of seeking to score political points against a big corporation fighting on its home turf.

via CNN|

#disney #florida #legal-battle

politics3 years ago•4 min saved

Disney Undermines DeSantis' Board in Power Struggle

Disney and Florida Governor Ron DeSantis are still at odds, as the new board appointed by DeSantis to oversee Disney's special taxing district is considering legal action over a multi-decade agreement reached between the entertainment giant and the outgoing board in the days before the state's hostile takeover last month. The agreement would give Disney control over much of its vast footprint in Central Florida for 30 years and, in some cases, the board can't take significant action without first getting approval from the company. The board has retained multiple financial and legal firms to investigate Disney's past behavior, and DeSantis' office suggests the agreements may have significant legal infirmities that would render them void.

via CNN|

#disney #florida #legal-action