Florida Gov. Ron DeSantis said Walt Disney Co. will have to pay its own debts as the entertainment corporation stated that the state would have to foot the bill for its bond taxes when its special status is revoked.
Last month, the Florida Legislature approved DeSantis-backed legislation that rescinded Disney’s 55-year special governing status that had allowed it to control a vast, 25,000-acre parcel of land near Orlando that houses Walt Disney World and other facilities.