The Reedy Creek Improvement District will not get dissolved under a bill filed during a special session in the Florida State Legislature on Monday.
"It is the intent of the Legislature to preserve the authority necessary to generate revenue and pay outstanding indebtedness," the proposed bill also states.
"We are monitoring the progression of the draft legislation, which is complex given the long history of the Reedy Creek Improvement District," Jeff Vahle, president of the Walt Disney World Resort, said in a statement to. "Disney works under a number of different models and jurisdictions around the world, and regardless of the outcome, we remain committed to providing the highest quality experience for millions of guests who visit each year.
LAKE BUENA VISTA, FL - JULY 11: In this handout photo provided by Walt Disney World Resort, guests walk down Main Street, U.S.A. at Magic Kingdom Park at Walt Disney World Resort on July 11, 2020 in Lake Buena Vista, Florida. July 11, 2020 is the fir The legislation proposed Monday, which may be subject to change, is currently in the State Affairs Committee in the Florida House of Representatives.
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