The bill introduces amendments to Chapter 42-105 of the General Laws, which governs the Newport and Bristol County Convention and Visitors’ Bureau, now to be renamed "Discover Newport" or another name chosen by the board of directors. The amendments include a change in the bureau's name to better represent Newport and Bristol Counties and insert new language that clarifies the bureau's powers, its status as a public corporation, and its governmental function. Additionally, the bill specifies that upon termination of the corporation, its rights and properties shall pass to the state and not to any private person or entity.

The bill also revises the composition and appointment process of the bureau's board of directors, increasing the number of members from 18 to 19 after June 30, 2024. Board members must be Rhode Island residents, preferably from Newport and/or Bristol Counties, and involved in the hospitality industry. The bill outlines the staggered terms for board members, the election of the chairperson, and the prohibition of state legislators from serving on the board. Members serve without compensation but are reimbursed for reasonable expenses. The bill further details the purposes and powers of Discover Newport, the transfer of assets from the previous authority to Discover Newport, and the requirement for an annual audit of financial books. It mandates training for new board members and the dissemination of training materials. The bill would take effect upon passage and updates references from the former bureau name to "Discover Newport."