Crowds pack and fill Main Street at Walt Disney World in Orange County, Fla., on June 1, 2022. Joseph Prezioso / Anadolu Agency via Getty Images file

Florida lawmakers have approved a bill that makes changes to Disney’s Reedy Creek special governing district, including replacing its board of supervisors and giving it a new name.

Gov. Ron DeSantis is expected to sign the bill into law.

The new legislation, which overrides an earlier proposal to dissolve the district entirely, will keep the region’s key operational procedures intact. One of those procedures concerns the district’s ability to raise taxes and issue bonds to build and maintain infrastructure serving the Walt Disney World Resort.

Read more here: https://www.nbcnews.com/business/business-news/disney-reedy-creek-under-florida-state-control-rcna69485