would take effect June 1, 2023. On April 21, 2022, the bill was passed by the Florida House by a 70–38 vote. DeSantis signed the bill into law the following day. Some members of the Florida Legislature as well as political commentators said the bill was likely retaliation for Disney announcing its opposition to the Parental Rights in Education Act, dubbed by critics as the "Don't Say Gay bill". Representative Dotie Joseph dubbed SB 4C "un-American" adding that it was "[p]unishing a company for daring to speak against a governor's radical-right political agenda". On May 16, 2022, Florida Governor Ron DeSantis said that he is looking into making the government take control of the special district but promised that local and state tax payers would not be paying for Reedy Creek's outstanding debt. In 2023 DeSantis announced he would rename the district to Central Florida Tourism Oversight District instead of dissolving it, and replace five-board members which has been selected by Disney, with a new board with five members hand-picked by the governor. This was approved by the Florida state legislature on February 9 and 10, 2023. Under those changes, the district will be renamed to the Central Florida Tourism Oversight District. The bill was signed by Governor Ron DeSantis on February 27. Potential repercussions The bill was passed after two days of discussions and without a fiscal impact analysis. This led to debates about the bill's effects on taxes and bond debt. Randy Fine, the Republican House sponsor of the bill, claimed a different type of district could be formed that would not move additional costs to taxpayers. Disney already pays property taxes to Orange and Osceola counties. The bill would not increase these counties' revenues but would force both counties to increase services within the former jurisdiction of the RCID. A tax collector for Orange County claimed the RCID's abolition would increase costs for taxpayers. Florida Senate Democratic member Gary Farmer also highlighted concerns that the dissolution would transfer over $1 billion in bond liabilities to all Florida taxpayers. Potential legal challenges Analysts expected legal challenges to the dissolution. One argument was that because the law targeted Disney in retaliation for a political position, it violated the company's free speech rights under the First Amendment to the United States Constitution. Another argument is that the dissolution violates the contract the state of Florida made with bondholders not to