The Downtown Arena Revitalization Congressional Review Emergency Act of 2025 aims to facilitate the redevelopment and operation of the downtown arena in Washington, D.C. The bill authorizes the Mayor to enter into a Development and Financing Agreement, an Amended and Restated Lease, and a Purchase and Sale Agreement with DC Arena L.P. It also allows for the granting of easements, airspace leases, and the continuation of property tax abatements and deed transfer tax exemptions related to the arena. Additionally, the bill includes provisions for the issuance of rules to permit additional signage on the arena.

Key amendments to existing laws include the approval of specific agreements and the exemption of the downtown arena from certain taxation requirements. The bill modifies the District of Columbia Official Code to ensure that the real property associated with the arena remains exempt from real property and possessory interest taxes, as well as deed recordation taxes for transfers involving the District government. Furthermore, the bill streamlines the process for amending signage regulations, allowing for more flexibility in outdoor advertising at the arena. The act is set to take effect upon approval by the Mayor and will remain in effect for a maximum of 90 days.