Emancipation Day is observed in the District of Columbia every year on April 16, commemorating the emancipation of enslaved persons through the District of Columbia Compensated Emancipation Act, signed by President Abraham Lincoln in 1862. This act freed over 3,000 enslaved individuals and allowed slave owners to seek compensation from the federal government for freeing their slaves. Celebrations include a variety of activities such as concerts, fireworks, and a traditional parade featuring marching bands and colorful floats, which was first inaugurated in 1866. Although the celebration waned in the early 20th century, it was revived in 2000 and officially became a public holiday in 2005. The festivities highlight the historical significance of emancipation and the contributions of formerly enslaved individuals who fought in the American Civil War.