This 1967 Law Could Prevent Florida From Dissolving Disney S Special Tax District
Since 1967, Walt Disney Co. has been operating its Disney World theme park on self-governed land near Orlando known as the Reedy Creek Improvement District (RCID). Last week, the Florida Senate passed a bill that would abolish this taxing district which gives Disney special privileges and rights to collect taxes, adopt ordinances, and provide police, fire and emergency services for the district and its theme park. By David Nadelle See: Rising Gas Prices: The True Cost of Going ElectricFind: 20 Genius Things Mark Cuban Says To Do With Your Money...