The bill establishes the "Oviedo Arts and Entertainment District" in the City of Oviedo, Seminole County, and delineates its geographical boundaries. It allows the Division of Alcoholic Beverages and Tobacco to issue special licenses or modify existing licenses for bona fide licensees within this district, enabling the sale of certain alcoholic beverages for consumption on the premises and permitting patrons to remove open containers for consumption within the district. The specific design and color of these open containers will be determined by the Oviedo City Council. All licensees must comply with existing statutory requirements, and the bill will take effect upon passage.

Additionally, the bill includes detailed legal descriptions and boundary delineations for a property in Seminole County, providing precise measurements and directional courses to ensure accurate identification of the land. The new legal language inserted into the bill specifies the exact coordinates and measurements necessary for the property description, enhancing legal recognition without any deletions from current law. Overall, the bill aims to promote the arts and entertainment sector in Oviedo while regulating the sale of alcoholic beverages within the newly established district.