Mutual Fund and ETF data provided by Refinitiv Lipper. improve functionality and performance. | 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 so-called "Don't Say Gay" law. It leaves the district and its financial abilities and debt obligations intact, addressing a chief concern of surrounding governments. Tietoja laitteestasi ja Internet-yhteydest (esimerkiksi IP-osoitteesi), Selaaminen ja hakutoiminnot Yahoon verkkosivustojen ja -sovellusten kytn aikana. Market data provided by Factset. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. The DeSantis-led overhaul cost Disney control over a district it had effectively controlled as a state-within-a-state for decades. CS/CS/HB 389 - Money Services Businesses. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. CS/CS/HB 837 - Hurricane Loss Mitigation Program. Floridas property insurance market was very good for lawyers. "We have a situation here that was basically indefensible from a policy perspective," DeSantis said. Stay informed about the latest scientific discoveries & breakthroughs. Gov. A spokesperson for Disney did not immediately respond to a request for comment. 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. Board members were previously named through entities controlled by Disney. 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. logged you out. On Monday, Florida Gov. Florida Gov. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Thanks for contacting us. 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The corporate kingdom finally comes to an end, DeSantis said during a press event at Lake Buena Vista near Orlando. In a plus for consumers, it will also speed up deadlines for insurance companies to respond to and act on claims. Florida Gov. REUTERS/Octavio Jones. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. 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. DeSantis has built a major following within the Republican party while crusading against woke ideology in business, culture and education. About 12% of homeowners in the state dont have property insurance, compared to the national average of 5%, according to the Insurance Information Institute, a research organization funded by the insurance industry. And we can prove it.. Were seen as being global, fair, insightful, and perhaps a bit too earnest. Select stories from the Monitor that empower and uplift. But Democrats opposed the bill, saying it doesn't do anything to help stop huge rate increases and cancellations that homeowners are struggling with. The Republican-backed bill rebrands Disneys self-governed Reedy Creek Improvement District as the Central Florida Tourism Oversight District.. Ron DeSantis signed the bill Monday that will dissolve the current Reedy Creek board and give governing of the district back to Florida The law overhauls the entire formerly self-governing. TALLAHASSEE, Fla. Today, Governor Ron DeSantis signed the following bills: The Governor vetoed the following bills today: To read the transmittal letters, click hereand here. The Associated Press contributed to this report. This is going to make a huge, huge difference.. By continuing to browse the site Average annual premiums have risen to more than $4,200 in Florida, which is triple the national average. See here for a complete list of exchanges and delays. It will end Disneys exemption from state regulatory reviews and approval," DeSantis said of the bill. "They had exemptions from laws that everyone else had to follow. Sometimes, we call things boring simply because they lie outside the box we are currently in.. TALLAHASSEE, Fla. (AP) Florida Gov. 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. Get browser notifications for breaking news, live events, and exclusive reporting. Disneys going to pay its fair share of taxes and Disneys going to honor the debt and thats exactly what this proposed piece of legislation will do, DeSantis said. The creation of the self-governing district was instrumental in Disneys decision to build near Orlando in the 1960s. DeSantis moderated panel discussions centered around immigration, COVID-19 and the "Florida Blueprint" that he says his 19-point reelection win in 2022 could provide for the rest of the country. Sie knnen Ihre Einstellungen jederzeit ndern. In taking on Disney, Mr. DeSantis furthered his reputation as a culture warrior willing to battle perceived political enemies and wield the power of state government to accomplish political goals, a strategy that is expected to continue ahead of his potential White House run. ", Florida Gov. Florida Gov. The coming months will be critical to DeSantis as he builds his profile out beyond Florida. "So, we believe that that was not good policy. We want to hear, did we miss an angle we should have covered? The creation of the self-governing district was instrumental in Disney's decision to build near Orlando in the 1960s. The event took place Thursday morning at the Props Craft Brewery and Taproom in. 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. 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." "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. 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 . Gina Caranos Mandalorian character will remain in the show, Ex-Disney CEO griped to DeSantis about pressure to slam Fla.s Dont Say Gay bill: book, Disneyland record holder has no plans to beat streak after price hikes. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. DeSantis rejects AP African American studies course. 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. All quotes delayed a minimum of 15 minutes. The company recently announced a major cost-cutting plan that included 7,000 layoffs. Ron DeSantis signed a bill Monday that bans the discussion of gender identity and sexual orientation for kids in kindergarten through third grade. 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. Ron DeSantis signed 35 bills on Friday, including a law allowing local governments to ban smoking on beaches and in parks, and vetoed five, including legislation that would. The insurance industry has seen two straight years of net underwriting losses exceeding $1 billion in Florida. Today the corporate kingdom finally comes to an end, DeSantis said at the bill-signing ceremony. Voit muuttaa valintojasi milloin tahansa siirtymll yksityisyydenhallinta-asetuksiisi. Ron DeSantis signed a controversial bill banning classroom instruction around sexual orientation and gender identity into law on Monday. This website uses cookies to Florida Gov. placed the Mouse Houses special tax district under state control. 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 2023 CBS Interactive Inc. All Rights Reserved. She said shes concerned about the new bills provision that could force a homeowner to accept a policy from a private insurer even if its more expensive. It will also set more stringent deadlines throughout the claims process to try to insure homeowners dont face coverage delays. 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 . Ron DeSantis speaks at Palm Beach Atlantic University in West Palm Beach, Florida, on Feb. 15, 2023. This story was reported by The Associated Press. TALLAHASSEE, Fla. -- Republican Gov. Quotes displayed in real-time or delayed by at least 15 minutes. Florida lawmakers are meeting to consider ways to shore up the state's struggling home insurance market in the year's second special session devoted to the topic. Get stories that empower and uplift daily. Republican Gov. Florida Gov. The governor's signature came the day after the House unanimously passed the bill during a special session originally called to address skyrocketing property insurance rates. The feud also reinforced the governors brash, go-it-alone leadership style, penalizing a massive employer, tourism driver, and political donor in the state over the companys stance on a piece of legislative policy. FILE - People visit Magic Kingdom Park at Walt Disney World in Lake Buena Vista, Florida, on April 22, 2022. Klicken Sie auf Einstellungen verwalten um weitere Informationen zu erhalten und Ihre Einstellungen zu verwalten. Mutual Fund and ETF data provided by Refinitiv Lipper. Turn on desktop notifications for breaking stories about interest? Ron DeSantis (R) signed the Parental Rights in Education billknown by critics as the "Don't Say Gay" billinto law Monday, enacting the policy despite widespread controversy. 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. Disney officially has a "new sheriff in town" after Florida Gov. To read the veto letters, click here, here, here, here and here. The Monitor is a peculiar little publication thats hard for the world to figure out. He is considered a frontrunner for the GOPs nomination, though he has yet to formally enter the race. 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. 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