City Reaps $260M from Same-Sex Marriage Law
July 24th, 2012
Mayor Michael Bloomberg says the legalization of same-sex marriage last year helped generate almost $260 million in revenue for the city.
Gay marriage is “a win for everybody,” he said at a news conference earlier today across the street from the marriage license building in Manhattan, where he was joined by other elected officials.
Council Speaker Christine Quinn, who also spoke, said the economic activity generated by marriage equality “has put a lot of people to work, helped restaurants, helped catering halls and helped others.”
NYC & Co., the city’s tourism arm, and the City Clerk’s office conducted a survey of more than 1,700 same-sex couples, finding that since the Marriage Equality Act went into effect in July 2011, 67 percent of gay couples held wedding receptions at restaurants, homes or catering halls in the five boroughs. The average cost was $9,000 per wedding.
The City Clerk says 75,000 marriage licenses were issued from late July 2011 to mid July 2012, with over 7,000 couples issued marriage licenses identifying themselves as same-sex.
Quinn said that advocates for same-sex marriage now need to turn their attention to the national stage.
“Our job now is to make sure every American has that opportunity on a national level,” she said.
By Kamelia Kilawan on July 24, 2012, 5:12 pm
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