Opponents of the Florida legislature's move to dissolve Disney's self-governed tax district say local taxpayers will be saddled with hefty debt and increased property tax payments, but proponents disagree.
Fine says that's why the service taxing units are municipal, and therefore not something handled by the state. "Scott Randolph's job is to open envelopes and to take out checks," the lawmaker told FOX Business. "He probably should stick to that. He doesn't set tax policy."
A view of Cinderella Castle from Seven Seas Lagoon in the Magic Kingdom at Walt Disney World, in Lake Buena Vista, Fla., Wednesday, Sept. 30, 2020.Raldolph says the bill against Disney was rushed through in 48 hours without legislators working out the details, but acknowledges that there is over a year for local municipalities to work out how they will manage the transition.
After signing the legislation into law, DeSantis' office issued a statement clarifying that "it is not the understanding or expectation for SB 4-C, abolishing independent special districts, to cause any tax increases for the residents of any area of Florida." The statement continued, "In the near future, we will propose additional legislation to authorize additional special districts in a manner that ensure transparency and an even playing field under the law."
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