 New York was the fifth state to license same-sex marriages, after New Hampshire.Michael Bloomberg, the Mayor of New York City, stated that "same-sex marriages in New York City have generated an estimated $259 million in economic impact and $16 million in City revenues" in the first year after the enactment of the Marriage Equality Act".Same-sex marriages in New York were legalized on June 24, 2011, and were authorized to take place beginning 30 days thereafter.