Ron DeSantis vows to void Florida theme park development agreement

AFP / Joe Raedle

Florida Governor Ron DeSantis ramped up his fight against Walt Disney Co, seeking to void an agreement that Disney passed to limit the power of a board appointed by DeSantis to oversee its Florida theme park property.

On Thursday, in remarks at Hillsdale College in Michigan, DeSantis said the legislature would void changes Disney made shortly before it lost control of the board.

"They are not superior to the people of Florida. And so come hell or high water, we're going to make sure that policy of Florida carries the day," the Florida governor said.

"We're going to look at things like taxes on hotels, we're going to look at things like tolls on the roads, we're going to look at things like developing some of the property that the district owns," added DeSantis, widely considered a 2024 presidential candidate.

Disney did not immediately respond to a request for comment on DeSantis' remarks. However, earlier in the week, Chief Executive Bob Iger fired back at DeSantis, saying his apparent retaliation against Disney for taking a position on legislation was "anti-business." Disney opposed Florida's Parental Rights in Education Act which restricts classroom discussion of gender identity.

Florida lawmakers passed a bill in February giving DeSantis effective control over a board overseeing municipal services and development in a special district encompassing the Walt Disney World resort.

However, before the takeover by DeSantis's appointees, Disney pushed through changes to the special tax district agreement that limit the board's action for decades.

"What Disney has tried to do is they have tried to say that they should be able to operate outside the context of our constitutional system in Florida," DeSantis said on Thursday.

More from Business

  • DoH awards research projects over AED19 million to transform AD healthcare

    The Department of Health – Abu Dhabi (DoH), in partnership with the Authority of Social Contribution - Ma’an, has awarded over AED19 million in grants to support advancements in groundbreaking fields such as cell and gene therapies, precision medicine, and advanced cancer treatments.

  • UAE, Italy sign MoU to combat financial, economic crimes

    The UAE General Secretariat of the National Anti-Money Laundering and Combatting Financing of Terrorism and Financing of Illegal Organisations Committee (GS-NAMLCFTC) and the Italian Guardia di Finanza on Friday signed a Memorandum of Understanding for a strategic partnership in the fight against the emerging financial crime threats.

  • Putin says there is no time to sign new Ukraine gas transit deal this year

    President Vladimir Putin said on Thursday there was no time left this year to sign a new Ukrainian gas transit deal, and laid the blame firmly on Ukraine for refusing to extend the agreement that brings gas to Slovakia, the Czech Republic and Austria.

  • New tax programme for government employees

    Dubai Finance (DOF) and PwC Academy, the talent and skills development arm of PwC Middle East, have announced a strategic partnership to introduce a new Tax Professional Certificate aimed at tax professionals working within Dubai’s government entities.

  • Brazil says workers at BYD construction site victims of human trafficking

    Chinese workers found at a construction site for a factory owned by China's electric vehicle producer BYD in Brazil's Bahia state are victims of human trafficking, Brazilian labor authorities said on Thursday.