The newly proposed Central Florida Tourism Oversight District is Governor Ron DeSantis’ replacement for the Reedy Creek Improvement District. In the bill released today, the government-controlled district would elect a board of supervisors, who would then be expected to propose a list of changes to the district’s power within one year.
The bill reads, “The board of supervisors shall submit to the Governor, the President of the Senate, and the Speaker of the House of Representatives, within 1 year after the effective date of this act, and every 5 years thereafter, a report that includes a review of all remaining powers and authorities included herein and any recommendations for consideration of eliminating said powers and authorities for potential repeal by the Legislature.”
DeSantis was clear in his intent to strip Disney of their governing power, and notably, individuals who have worked for a “theme park or entertainment complex” in the last three years are not eligible to serve on the board.
The bill states that the district will not be dissolved, and will be permitted to operate under the Reedy Creek name for up to two years in order to ensure all necessary changes are carried out. However, Disney would lose control of the district upon the creation of the board of supervisors, whom are selected exclusively by the Florida Governor.
Stay tuned for more information about the future of the Reedy Creek Improvement District.