JUST IN: Georgia's strict anti-abortion bill, which could have a negative $9.5 billion economic impact, passes house
An abortion bill in Georgia passed the House of Representatives on Friday and is headed to Governor Brian Kemp’s desk. While the bill sparked a fierce debate about the health implications of restricted abortion access, if signed into law, the bill could also be harmful to the state’s economy.
After a fetal heartbeat is detected, a woman cannot have an abortion unless the pregnancy is diagnosed as medically futile or it’s necessary to avert death or serious, irreversible harm to the mother. A woman who was raped or became pregnant as a result of incest may also have an abortion after a fetal heartbeat is detected, as long as, an official police report was filed.
Revenue from taxes isn’t the only financial hit the state could take if the anti-abortion legislation is signed into law and the economic impact could be over $9.5 billion each year. “The cost would be most deeply felt by the residents of Georgia – including those who directly work in the film and television industry, and those who benefit from the many millions of dollars it pours into the local economy,” the union said.
The filming of Black Panther alone contributed $83.9 million in local economic activity and created over 3,100 jobs, which equaled $26.5 million in wages, according to the Motion Picture Association of America . "We can't imagine being elected officials who had to say to their constituents, 'I enacted a law that was so evil, it chased billions of dollars out of our state's economy," the letter stated."It's not the most effective campaign slogan, but rest assured we'll make it yours should it come to pass."
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