House Bill 2, North Carolina’s anti-LGBT legislation that went into effect last year, could cost the state at least $3.76 billion in lost revenue over the next dozen years, an Associated Press analysis concluded.
HB2 prevents cities and localities from putting in place anti-discrimination policies regarding sexual orientation and gender identity. It also forces transgender people to use the public bathroom that matches the gender listed on their birth certificate, even if this does not align with their gender identity.
The report comes out just after the NCAA gave North Carolina an ultimatum, saying that if the law doesn’t change the state risks losing out on hosting future championship games.
