The bill seeks to authorize the Washington Convention and Sports Authority to exercise the second option period of Contract No. SO-19-002-0001847 with the Washington, DC Convention and Tourism Corporation, known as Destination DC. This contract is crucial for promoting Washington, DC as a prime location for meetings, conventions, and tourism, and will extend the contract term until September 30, 2025, pending Council approval. Under this agreement, Destination DC is guaranteed a minimum of $5 million annually, funded by 86% of the hotel tax collected in the District and additional revenues from the Tourism Recovery Tax Emergency Amendment Act of 2022.

The bill also outlines Destination DC's commitment to enhancing its marketing strategies both domestically and internationally, targeting various U.S. cities and established markets such as the UK, India, China, Australia, and Japan. It emphasizes the need for marketing support in growth markets like Canada, Mexico, and Brazil, while promoting women's sports events in the District. The modification to the contract will only take effect with the Council's approval, ensuring that all other terms of the existing agreement remain intact, thereby supporting the ongoing efforts to boost tourism and visibility for Washington, DC.