Report: Legal Gay Marriage Could Boost Va. Economy - WBOC-TV 16, Delmarvas News Leader, FOX 21 -

Report: Legal Gay Marriage Could Boost Va. Economy

Posted: Updated:
NORFOLK, Va. (AP/WBOC)- A report by a think tank at UCLA says legalizing gay marriage in Virginia could generate up to $60 million in spending in three years.
 
The Williams Institute at the UCLA School of Law estimates that about 7,000 same-sex couples may choose to get married in Virginia within three years of a change in law. In February, a federal judge in Norfolk struck down the state's ban on same-sex marriages. The decision has been stayed pending an appeal, and a three-judge panel of the 4th U.S. Circuit Court of Appeals will hear arguments in Richmond on May 13.
 
The report says the increased spending on wedding arrangements and by tourists would likely generate between $2.5 million and $3.2 million in state and local tax revenue. The report also estimates that extending the right to marry to same-sex couples could generate approximately 459 to 595 jobs in Virginia within the first three years.

To read the full report (PDF), click here.
  • Most Popular StoriesMost Popular StoriesMore>>

  • Updated: Fire Ruins Historical Hebron Church

    Updated: Fire Ruins Historical Hebron Church

    Tuesday, July 22 2014 3:21 PM EDT2014-07-22 19:21:19 GMT
    Fire has destroyed the historical St. Paul's Episcopal Church located on westbound Route 50 in Hebron.More
    Authorities are investigating a Tuesday fire that destroyed the historical St. Paul's Episcopal Church at the corner of Memory Gardens Lane and Route 50 in Hebron, Md. Preliminary damage is estimated at approximately $500,000.More
  • Two Killed in Del. Crash

    Two Killed in Del. Crash

    Tuesday, July 22 2014 11:45 AM EDT2014-07-22 15:45:19 GMT
    Delaware State Police say two Dover men were killed Monday night after the tow truck they were riding in went off the road and crashed into a telephone pole near Little Creek.More
    Delaware State Police say two Dover men were killed Monday night after the tow truck they were riding in went off the road and crashed into a telephone pole near Little Creek. More
  • Federal Appeals Court Deals Blow to Health Law

    Federal Appeals Court Deals Blow to Health Law

    Tuesday, July 22 2014 11:46 AM EDT2014-07-22 15:46:35 GMT
    A federal appeals court has delivered a serious setback to President Barack Obama's health care law, potentially derailing subsidies for many low- and middle-income people who have bought policies.More
    A federal appeals court has delivered a serious setback to President Barack Obama's health care law, potentially derailing subsidies for many low- and middle-income people who have bought policies.More
Powered by WorldNow

All content © Copyright 2000 - 2014 Worldnow and WBOC. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service