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 Destination DC, extending the contract until September 30, 2025, pending approval from the Council of the District of Columbia. This contract is crucial for marketing Washington, DC as a prime destination for meetings, conventions, and tourism, with Destination DC guaranteed a minimum annual funding of $5 million, sourced from 86% of the hotel tax collected and deposited into the Washington Convention Center Marketing Fund, along with additional revenues from the Tourism Recovery Tax Emergency Amendment Act of 2022.

In addition to the contract extension, Destination DC plans to broaden its domestic marketing strategy to target new cities such as Denver, San Francisco, Houston, and Ft. Lauderdale, while also enhancing its international marketing efforts in established markets like the UK, India, China, and Australia, and adding Japan as a new market. The bill emphasizes that the modification will not take effect without the Council's approval, and all other terms of the existing agreement will remain unchanged.