In 2020, with Ron DeSantis as governor, Florida approved up to $570 million in tax credits for The Walt Disney Co. for a regional campus in Orlando. But Disney backed out of the deal as their feud escalates.
ong dispute with Florida Gov. Ron DeSantis. By walking away, Disney forwent a chance to earn up to $570 million, a historic sum, in tax credits.Disney-related criticisms from DeSantis' expected rivals for the GOP presidential nomination; DeSantis is expected to announce a run for president, perhaps as soon as next week., former South Carolina Gov.
Disney had planned to invest as much as $864 million to build a regional headquarters in Orlando, Florida’s Lake Nona community and move at least 2,000 employees, with average salaries of $120,000, from California. Before the cancellation, it had appeared the project was moving forward, albeit on a delayed schedule.in June 2022 that the project’s finish date had been pushed back about three years to 2026 to accommodate construction delays and give more flexibility to employees who are relocating. A company spokesperson denied the delay was because of Disney’s conflict with DeSantis.
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