The Duke District BID Amendment Act of 2026 aims to establish and administer the Duke Business Improvement District (BID) in the District of Columbia. The bill authorizes the formation of the BID, which will encompass specific taxable properties within defined geographic boundaries. The BID taxes will be effective starting April 1, 2027, and will include various rates for different property classes, such as $0.14 per $100 in assessed value for Class 2 properties and $120 per hotel room annually. Additionally, the bill allows for a 5% annual increase in BID taxes and stipulates that the BID will receive matching funds from the Greater U Street Parking Benefit Fund, subject to available funds.

Furthermore, the bill amends existing law by updating the list of BIDs to include the Duke District alongside others like Mount Vernon Triangle and NoMa. It also specifies that the Board of Directors for the BID must include representatives from Howard University and a cultural institution within the BID's boundaries. The legislation ensures that the BID's governance structure is maintained even if there are vacancies on the Board. Overall, this bill seeks to enhance the economic development and management of the Duke District through the establishment of a dedicated improvement district.