
May 11 2011 2:25 PM EST
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The New York state senate Independent Democratic Conference released a report Tuesday showing that marriage equality would generate at least $391 million for the state in business, tax revenue, and savings within three years of becoming law.
The four members of the breakaway Democratic conference, who all support marriage equality, released the report, "For Love or Money?: The Economic Impact of Marriage Equality in New York," at an afternoon press conference in Albany. They were joined by constituents and advocates including out state assembly member Matt Titone and Ross Levi, executive director of the Empire State Pride Agenda, a member of the New Yorkers United for Marriage Equality coalition.
According to a news release from the conference, "Using conservative estimates, the report estimated that 21,309 gay and lesbian couples from New York would get married within the first three years. It also estimates that 3,308 couples from surrounding states that do not have marriage equality would travel to New York to get married, as would 41,907 non-New York gay and lesbian couples who would travel to New York for a 'destination wedding.'"
The report, based on methodology from a 2007 report by the New York City comptroller's office and the Williams Institute at the UCLA School of Law, projects that marriage equality would bring the state nearly $311 million over the next three years, mostly from wedding revenue and tourism totaling almost $284 million, but also from taxes and marriage license fees. Millions more would come in the form of savings in means-tested programs, where the report argues that, contrary to some opponents' claims about increased strain on the state, married applicants are less likely to qualify for government assistance than single applicants.
The Independent Democratic Conference includes senators Jeffrey Klein, David Carlucci, David Valesky, and Diane Savino, known for her impassioned speech for marriage equality on the state senate floor in 2009 that went viral. Their report adds to economic arguments for the legislation, including a recent letter sent from a bipartisan group of Wall Street leaders to state lawmakers that argued New York needs marriage equality in order to remain globally competitive and attract top talent.
New Yorkers United for Marriage issued a statement about the IDC report from Brian Ellner, senior strategist for the Human Rights Campaign, also a member of the bipartisan coalition of five LGBT advocacy organizations.
"The IDC report validates what business leaders, financial experts and employers have long said: marriage for all New Yorkers is not only the right thing to do, it is good business," he said. "Marriage equality keeps New York competitive in both attracting and retaining top professional talent from around the nation and globe. Marriage equality would be a boon to the state's depressed tourism and wedding industries, generating an estimated $392 million in economic activity, revenue and savings. In the current economic climate, this is revenue New York can't afford to forgo. We are confident that lawmakers will consider the vast economic incentives - as well as the loving committed couples within their districts - and support marriage rights for all New Yorkers."
In addition to business support, a coalition of religious leaders from various denominations announced support for marriage equality last week, and on Wednesday, 1199SEIU United Healthcare Workers' East, the state's largest healthcare union with some 350,000 members, called on lawmakers to pass the legislation by June, a priority set by Gov. Andrew Cuomo. Jennifer Cunningham, the chief strategist for New Yorkers United for Marriage and a close Cuomo ally, previously served as political director of the union, which kicked off phone banking efforts for marriage equality last week with a special appearance by Chelsea Clinton.
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