BabyBoomer50s
Capitalist
- Joined
- Nov 27, 2018
- Posts
- 14,123
There is no June, 2023 deadline. Straight from the text of the bill that passed the House yesterday:From everything that has been released, the issue of the bond debt is not resolved, and a deal must be cut between the four parties involved, which is why the deadline is now June 2023. There is no guarantee Disney will pay. They can simply close up shop and leave. ( note Disney HAS announced 7000 in job cuts, but not where) So nothing has really changed in the situation, from the article of last April.
https://news.bloombergtax.com/tax-i...desantis-few-options-for-reedy-creek-district
https://thecapitolist.com/desantis-on-reedy-creek-debt-disney-is-going-to-pay/
And all seemingly from a small minded Governor...*chuckles* 463,000 direct and indirect jobs, and 5.8 Billon in revenue in the State of Florida....yah Disney has no real power......lol Iger is not an idiot, he holds the cards in any "negotiation" with DeSantis.
"The Reedy Creek Improvement District is not dissolved as of June 1, 2023, but continues in full force and effect under its new name."