District Of Columbia § 1-325.291 - IPW Fund.
Full text of District Of Columbia D.C. Code § 1-325.291 — IPW Fund., with citation guidance and answers to common questions.
§ 1-325.291. IPW Fund.
1-325.291There is established as a special fund the IPW Fund (“Fund”), which shall be administered by Destination DC in accordance with subsection (c) of this section.
The following funds shall be deposited into the Fund:
Upon approval of the settlement by the District of Columbia Court of Appeals in District of Columbia v. Expedia, Inc., et al., Nos. 14-CV-308, 14-CV-309 and subject to subsection (d) of this section, $2 million from the settlement the District obtained;
The amount of $1.5 million from any recoveries from litigation brought on behalf of the District; provided, that the Litigation Support Fund established in has reached its initial balance cap; and
In private-sector matching funds, $3.5 million to be raised by Destination DC.
Money in the Fund shall be used to pay for the costs associated with hosting the U.S. Tourism Association’s annual international tourism conference, known as the IPW.
The portion of the Fund described in subsection (b)(1) of this section shall be available for expenditure only if Destination DC raises private-sector matching funds on a one-to-one basis. Destination DC shall return to the District any settlement funds for which a private- sector match is not secured.
Destination DC shall submit an annual report by the end of each fiscal year to the Mayor and Council, which shall include the amount of private-sector matching funds raised and the amount expended from the Fund.
The money deposited into the Fund, and interest earned, shall not revert to the unrestricted fund balance of the General Fund of the District of Columbia at the end of a fiscal year, or at any other time.
Subject to authorization in an approved budget and financial plan, any funds appropriated in the Fund shall be continually available without regard to fiscal year limitation.
Annotations
Source: official District Of Columbia text · Last verified 2026-08-27
Frequently Asked Questions About District Of Columbia § 1-325.291
What does D.C. Code § 1-325.291 cover?
Section 1-325.291 ("IPW Fund.") is part of the D.C. Code, the codified statutory law of District Of Columbia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite District Of Columbia § 1-325.291?
A common citation format is "D.C. Code § 1-325.291" (District Of Columbia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of District Of Columbia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the District Of Columbia official source linked on this page or consult a licensed District Of Columbia attorney.
How does District Of Columbia § 1-325.291 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in District Of Columbia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in District Of Columbia.