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Disney blocks Ron DeSantis’ Florida power play with a royal family clause

Disney blocks Ron DeSantis’ Florida power play with a royal family clause

By Sarah Whitten, CNBC

Forget about Disney princesses. Mickey Mouse might have just proved who’s the real king of Florida.

Disney used a legal clause that name checks King Charles III to apparently thwart Florida Gov. Ron DeSantis’ attempt to strip the company of its self-governance power in the state.

For nearly a year, state legislators, encouraged by DeSantis, have sought to exert more control over the company’s Florida-based theme parks by passing a bill that would dissolve Disney’s special tax district. DeSantis also wanted to rename the area the Central Florida Tourism Oversight District and plant a new board to oversee it.

Until recently, there had been no major public discussion about dissolving Disney’s long-established special district, which it’s occupied for 55 years, leading DeSantis’ critics to question its timing and the speed at which the governor acted against the company…

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