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The Impact of the Colorado Domestic Partnership Act on Colorado's State Budget

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Abstract:

This analysis estimates the impact of establishing domestic partnership for same-sex couples on Colorado's state budget. Using the best data available, we estimate that allowing same-sex couples to enter into domestic partnerships under the proposed "Colorado Domestic Partnership Benefits and Responsibilities Act" will result in a net gain of approximately $1.2 million each year for the State. This net increase will result from savings in expenditures on state means-tested public benefits programs and from an increase in sales tax revenue from registration celebrations.