The Republican-led Florida Senate passed a bill Wednesday that would eliminate a special tax district that allows Walt Disney Co. DIS 0.55% ▲ to govern the land where its theme parks sit, as lawmakers target the company for opposing legislation restricting classroom instruction on gender and sexuality.
The GOP-led House will likely vote to approve the measure Thursday. Republican Gov. Ron DeSantis, who called for lawmakers to consider such a bill in a special session he convened this week, has made clear he would sign it.
Losing the nearly 40-square-mile district near Orlando could be a major blow to Disney’s Florida operations.
