Florida’s House of Representatives on April 21 approved a state Senate-passed measure that would strip Walt Disney Co. of its self-governing special district, reversing a more-than-50-year-old Florida provision amid criticism over the corporation’s decision last month to oppose a parental rights law.
The decision could mean that Disney, which controls a 25,000-acre parcel of land around Orlando, would pay significantly more in state taxes. At the same time, it signals a souring in relations between Disney—a major political donor and player in Florida—and the Republican-led government.