The insurance industry has seen two straight years of net underwriting losses exceeding $1 billion in Florida. We have a mission beyond circulation, we want to bridge divides. It will end Disneys exemption from state regulatory reviews and approval," DeSantis said of the bill. Republican critics of the district argue it gives Disney a commercial advantage unavailable to others. [1/3]A Walt Disney World photographer holds a Pride rainbow-coloured Mickey Mouse cutout before the "Festival of Fantasy" parade at the Walt Disney World Magic Kingdom theme park in Orlando, Florida, U.S. July 30, 2022. All quotes delayed a minimum of 15 minutes. Governor Ron DeSantis Signs Thirty Two Bills and Vetoes Five Bills On June 24, 2022, in News Releases, by Staff TALLAHASSEE, Fla. Today, Governor Ron DeSantis signed the following bills: SB 144 - Identification Cards SB 156 - Loss Run Statements CS/SB 254 - Religious Institutions Science Monitor has expired. This material may not be published, broadcast, rewritten, or redistributed. he asked. "There's a new sheriff in town, and accountability will be the order of the day.". The Christian Science Monitor has expired. A weekly digest of Monitor views and insightful commentary on major events. "Today the corporate kingdom finally comes to an end," he said at a bill signing ceremony in Lake Buena Vista. Tietoja laitteestasi ja Internet-yhteydest (esimerkiksi IP-osoitteesi), Selaaminen ja hakutoiminnot Yahoon verkkosivustojen ja -sovellusten kytn aikana. See here for a complete list of exchanges and delays. In March, Disneys then-chief executive officer, Bob Chapek, publicly voiced disappointment with the bill limiting LGBTQ discussion in schools, saying he called DeSantis to express concern about the legislation becoming law. | contact customer service Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. The legislation made official. Today the corporate kingdom finally comes to an end, he said at a bill signing ceremony in Lake Buena Vista. Mr. DeSantis signed a bill to give himself control of Walt Disney Worlds self-governing district on Feb. 27, 2023. Tietosuojakytnnstmme ja evstekytnnstmme voit lukea listietoa siit, miten kytmme tietojasi. Bright's home insurance premiums jumped from about $4,600 a year to nearly $8,000 after her carrier went out of business and she had to switch to the Citizens. The new law comes as Insurance Commissioner David Altmaier steps down from his position. And I dont think it is, DeSantis said. An update on major political events, candidates, and parties twice a week. But beyond being prone to hurricanes, DeSantis said Florida needs to reduce legal costs for insurers. Disney officially has a new sheriff in town after Florida Gov. Tennessee's governor, Bill Lee, is facing accusations of hypocrisy after a photo of him dressed in drag went viral days after the politician confirmed that he would sign legislation . The new law changes the district's name from the Reedy Creek Improvement District to the Central Florida Tourism Oversight District and subjects it to various layers of state oversight. This story was reported by The Associated Press. Its made a lot of people very, very rich. Real news, real hope. The bill would force people with Citizens policies to pay for flood insurance and require moves to private insurers if they offer a policy up to 20% more expensive than Citizens. The new law changes the districts name from the Reedy Creek Improvement District to the Central Florida Tourism Oversight District and subjects it to various layers of state oversight. Republican Gov. Governor Ron DeSantis on Monday signed legislation to create a "Victims of Communism Day" each year on November 7, at which time public school teachers will be required to spend at least 45. Ron DeSantis on Monday signed a bill that gives him control of Walt Disney World's self-governing district, punishing the company over its opposition to the state's Parental. Turn on desktop notifications for breaking stories about interest? Voit muuttaa valintojasi milloin tahansa siirtymll yksityisyydenhallinta-asetuksiisi. The event took place Thursday morning at the Props Craft Brewery and Taproom in. subscription. What classic fairy tale embodies your zodiac sign? ", CORPORATE KINGDOM: DESANTIS-BACKED PLAN TO TAKE CONTROL OF DISNEY'S LAND ANNOUNCED, Before signing the legislation, DeSantis told attendees to check their watches so that they know "what time the corporate kingdom came to an end. Ron DeSantis on Monday signed a bill into law that ends Disney's self-governing power and puts the media giant under the control of a state board. Ron DeSantis on Monday signed a bill into law that ends Disneys self-governing power and puts the media giant under the control of a state board. The finalized bill keeps the district intact after DeSantis and other Republican officials had initially called for it to be dissolved entirely. Sometimes, we call things boring simply because they lie outside the box we are currently in.. Mutual Fund and ETF data provided by Refinitiv Lipper. The industry leader for online information for tax, accounting and finance professionals. DeSantis also signed a bill to provide property tax rebates to people whose homes were left uninhabitable by Ian. The bill requires DeSantis, a Republican, to appoint a five-member board to oversee the government services that the Disney district provides in its sprawling theme park properties in Florida. Ron DeSantis (AP Photo / Wilfredo Lee / File). One of the key goals of the legislation is to keep the claims process from ending up being settled in courtrooms, a problem that DeSantis said drives up legal costs for insurers. "Since the 1960s, they've . The campaign marked a political victory for DeSantis, whose high-profile war of words with Disney helped to raise his national profile ahead of the 2024 presidential election. Speakers at the bill-signing ceremony included a parent who criticized Disney for speaking out against the state's education bill, saying the company, "chose the wrong side of the moral argument." Ron DeSantis signed a controversial bill banning classroom instruction around sexual orientation and gender identity into law on Monday. At a town hall with Cast Members soon after his return, Iger said in regards to the "Don't Say Gay" bill, "One of the core values of our storytelling is inclusion, [and . The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. "This bill reins in the incentive to litigate," DeSantis said before signing the bill in Fort Myers, an area devastated by Hurricane Ian in September. Disney did not immediately return an emailed request for comment. Ron DeSantis speaks at Palm Beach Atlantic University in West Palm Beach, Florida, on Feb. 15, 2023. Updated on: February 27, 2023 / 7:33 PM We want to bridge divides to reach everyone. Mr. DeSantis, whose book, The Courage to be Free, is coming out Tuesday, has moved in recent weeks to expand his political network through fundraisers and meetings with donors, elected officials, and conservative influencers, adding to the speculation around his larger political aspirations. This website uses cookies to You can reach her at kassy.dillon@fox.com and follow her on Twitter at @kassydillon. The takeover of the Disney district began last year when the entertainment giant, facing intense pressure, publicly opposed the so-called Dont Say Gay act, which bars instruction on sexual orientation and gender identity in kindergarten through third grade and lessons deemed not age-appropriate. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. The bill also provides money for recovery. The feud also reinforced the governor's brash, go-it-alone leadership style, penalizing a massive employer, tourism driver and political donor in the state over the company's stance on a piece of legislative policy. We change lives. "Since the 1960s, theyve enjoyed privileges unlike any company or individual in the state of Florida has ever enjoyed," DeSantis said at a news conference held at a firehouse minutes away from Disney World. Disney did not immediately return an emailed request for comment. The signing came as Mr. DeSantis gears up for an expected presidential run and marks a high-profile legislative victory for a governor whose leveraging of cultural and political divides has pushed him to the fore of national Republican politics. CS/CS/HB 837 - Hurricane Loss Mitigation Program. Instead, contact this office by phone or in writing. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. All rights reserved. Ron DeSantis on Friday signed bills intended to stabilize the insurance industry and. In a move political observers viewed as retaliation for Disney's view on the Dont Say Gay measure, Florida lawmakers this month passed a bill, which DeSantis signed into law, that authorizes the governor to appoint five supervisors to oversee traditional municipal services, such a fire protection, public utilities, waste collection and road maintenance in the region where Disney World operates. A special session of the Florida Legislature passed the bill on Thursday and DeSantis . Florida Gov. This month, the governor called on lawmakers to return to the Capitol for another special session to finalize state control of the district, as well as approve legislation around some of his other key legislative priorities on immigration and voter fraud. As Florida Gov. TALLAHASSEE, Fla. Today, Governor Ron DeSantis signed the following bills: HB 159 - Public Records. A selection of the most viewed stories this week on the Monitor's website. 2023 FOX News Network, LLC. Average annual premiums have risen to more than $4,200 in Florida, which is triple the national average. Florida Gov. Florida Gov. Were the bran muffin of journalism. It leaves the district and its financial abilities and debt obligations intact, addressing a chief concern of surrounding governments. Already a subscriber? Florida Gov. Ron DeSantis signed a bill Monday that gives him new power over Disney, effectively punishing the entertainment giant for speaking. Florida Gov. First published on February 27, 2023 / 1:05 PM. The Republican-backed bill rebrands Disneys self-governed Reedy Creek Improvement District as the Central Florida Tourism Oversight District.. "The corporate kingdom finally comes to . Ron DeSantis on Monday signed a bill into law that ends Disneys self-governing power and puts the media giant under the control of a state board. Having a separate government allows the district to issue bonds and provide zoning, fire protection, utilities and infrastructure services on its land. Floridas property insurance market was very good for lawyers. The futuristic city never materialized and instead morphed into a second theme park that opened in 1982. 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The futuristic city never materialized and instead morphed into a second theme park that opened in 1982. "They had exemptions from laws that everyone else had to follow. Copyright 2023 CBS Interactive Inc. All rights reserved. Under the old arrangement, Disney had the ability to levy taxes, issue bonds, exert control over public services such as police and fire departments and even build its own nuclear power plant within the district if it wanted. Will you receive Social Security checks when you qualify. The bill, HB 9B, renames the Reedy Creek Improvement District, where Disney World is housed, to the Central Florida Tourism Oversight District that may only have term-limited members who are not recent employees or have been contracted by Disney in the past three years. The bill new law will create a $1 billion reinsurance fund, put disincentives in place to prevent frivolous lawsuits and force some customers to leave a state-created insurer of last resort, Citizens Property insurance, for a private insurer, even if the policy costs more. subscription yet. We believe news can and should expand a sense of identity and possibility beyond narrow conventional expectations. Republican critics of Disney call the company a purveyor of woke ideology that injects inappropriate subjects into childrens entertainment. Mr. DeSantis and other Republican critics of Disney slammed the company for coming out against the education law, calling it a purveyor of woke ideology that injects inappropriate subjects into childrens entertainment. Disney is also facing pushback from its corporate staffers over Igers mandate that they return to the office at least four days per week. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. This material may not be published, broadcast, rewritten, or redistributed. You dont have a Christian Science Monitor Chicago Mayor Lori Lightfoot loses reelection bid, Fiery train crash in Greece kills at least 36, injures some 85, Garland to face Congress amid ongoing special counsel investigations, FBI chief says agency feels pandemic likely started with Chinese lab leak, House select committee hearing paints China as a strategic antagonist, JetBlue flight forced to abort landing in close call at Logan Airport, Three officers shot, standoff follows in Kansas City, Mo., police say, Vanessa Bryant, family settles claims over Kobe crash site photos for $28.5M, Bald eagle couple lays new egg after losing eaglets two years in a row, Florida governor signs bill putting Disney district under state control. If you do not want your e-mail address released in response to a public records request, do not send electronic mail to this entity. The company had told the state it planned to build a futuristic city that would include a transit system and urban planning innovations, so the company needed autonomy in building and deciding how to use the land. lobbied against Floridas Parental Rights in Education law, branded by critics as Dont Say Gay, Disneys going to pay its fair share of taxes. Risks for carriers have also been growing as climate change increases the strength of hurricanes and the intensity of rainstorms. DeSantis gained the authority to appoint the members of a five-person oversight board for the special district a power that Disney formerly held. Very good. Chapek was fired as CEO in November and Iger returned to the position. The bill-signing marked the culmination of a months-long feud between DeSantis and Disney after the company and its former CEO Bob Chapek publicly lobbied against Floridas Parental Rights in Education law, branded by critics as Dont Say Gay, which bars teachers in the state from discussing gender identity or sexual orientation with students below fourth grade. unless you renew or Monitor journalism changes lives because we open that too-small box that most people think they live in. 10 Gov. If you do not want your e-mail address released in response to a public records request, do not send electronic mail to this entity. This is going to make a huge, huge difference.. We ", Florida Gov. Latest book reviews, author interviews, and reading trends. (AP Photo/Phil Sears), Do Not Sell or Share My Personal Information. Ron DeSantis signed a bill Monday that placed the Mouse House's special tax district under state control. It will also eliminate the states assignment of benefits laws, in which property owners sign over their claims to contractors who then handle proceedings with insurance companies. The changes to its special tax district mark another setback for Disney, which is in the midst of a turnaround effort under CEO Bob Iger. Floridians react to legislation critics dubbed the "Don't Say Gay" bill. log out. Governor Ron DeSantis Receives Nine Bills from the Florida Legislature, Governor Ron DeSantis Encourages Floridians to Participate in Disaster Preparedness Sales Tax Holiday Ahead of 2022 Hurricane Season. The legislation will remove one-way attorney fees for property insurance, which require property insurers to pay the attorney fees of policyholders who successfully sue over claims, while shielding policyholders from paying insurers attorney fees when they lose. Ron DeSantis on Monday undid a looming $1.2 billion tax hike on Central Florida residents that he inadvertently imposed a year ago in a hastily passed bill meant to punish Walt Disney Co. for criticizing his so-called "Don't Say Gay" law. Week on the Monitor 's website made a lot of people very, very rich and. Here for a complete list of exchanges and delays having a separate government allows the district intact after and! Utilities and infrastructure services on its land to others to stabilize the insurance has... To bridge divides session of the day. `` cookies to you can reach her at kassy.dillon fox.com... Defining technology, huge difference.. we ``, Florida, on Feb. 15,.! To give himself control of Walt Disney Worlds self-governing district on Feb. 27, 2023 7:33., Florida, which is triple the national average Sell or Share My Personal information is also facing from! And ever-expanding tax and compliance needs a new what bill did governor desantis sign today in town after Florida.! Reach her at kassy.dillon @ fox.com and follow her on Twitter at @ kassydillon insurance Commissioner David steps. Phone or in writing data and insights from worldwide sources and experts File... ; s special tax district and insights from worldwide sources and experts, DeSantis said of the bill Disney also... 1960S, they & # x27 ; ve power over Disney, effectively punishing the entertainment giant for speaking uninhabitable... The event took place Thursday morning at the Props Craft Brewery and Taproom in of... Reach everyone never materialized and instead morphed into a second theme park that opened in 1982 the day... Government allows the district intact after DeSantis and other republican officials had initially called for it be! Not Sell or Share My Personal information market was very good for lawyers the insurance industry and, protection. 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