🚨BREAKING: Florida Senate, on a 23-16 vote, just passed legislation ENDING Disney’s tax privilege, self-governing power & special exemption status.
(twitter.com)
🏆 WINS OF THE DAY 🏆
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This legislature is NOT the great thing people here think it is. It wipes $2B of debt off of Disney's books. It needs to be modified to include the fact that they are still on the hook for the debt.
Does it say the debt is forgiven or does it not specifically include a provision on how they will pay it? Cause in my mind, unless it forgives them of the debt, Disney still owes it.
The bill is pretty simple. It "dissolves" the independent special district (Reedy Creek) where they have $2B in debt in bonds. The assets and the debt would likely transfer to Orlando.
Either way, it needs to be clearly stated that the debt stays with Disney.
If we remember, Patriots, the EO:
Blocking the Property of Persons Involved in Serious Human Rights Abuse or Corruption
Disney will LOSE EVERYTHING. ALL STOP. IT IS OVER ALREADY.
Underline & remember: Disney had special access to Epstein's Island.
https://www.govinfo.gov/app/details/DCPD-201700923 DCPD-201700923 - Executive Order 13818-Blocking the Property of Persons Involved in Serious Human Rights Abuse or Corruption