The bill seeks to authorize the exercise of the third option year of a contract between Events DC and the Washington, DC Convention and Tourism Corporation, known as Destination DC. This contract, originally established in 2019, enables Destination DC to promote the District of Columbia as a premier destination for meetings, conventions, tourism, and other events. Upon approval by the Council, the third option period will extend until September 30, 2026, with Destination DC guaranteed a minimum annual funding of $5 million sourced from a dedicated hotel tax collected by the District.

Additionally, the bill emphasizes the continuation of Destination DC's marketing initiatives, which will focus on both domestic and international markets, aiming to strengthen existing partnerships and explore new opportunities. The modification of the contract requires Council approval in accordance with D.C. Code 10-1202.08a(g), ensuring that the funding and marketing strategies are in line with the District's tourism and economic development objectives. The agreement's continuation is formally acknowledged with signatures from the Presidents and Chief Executive Officers of both organizations, with the signing date recorded as November 7, 2025.