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North Carolina Bathroom Bill Will Cost State Nearly $4B: AP Analysis

Image: North Carolina Bathroom Bill Will Cost State Nearly $4B: AP Analysis

Unisex signs hang outside bathrooms at Toast Paninoteca on May 10, 2016, in Durham, North Carolina. (Sara D. Davis/Getty Images)

By    |   Monday, 27 Mar 2017 02:49 PM

An analysis by The Associated Press has showed North Carolina's "bathroom bill" requiring people to use the bathroom corresponding to the gender on their birth certificates will cost the state $3.76 billion in lost revenue from companies and organizations that will pull business from the state because of the law.

The Associated Press used interviews and public records to determine how much money the law, passed last year, will cost the state in revenue. Companies including PayPal, Deutsche Bank, Adidas, and various sports organizations have said they will conduct business outside the state because they believe the "bathroom bill" is discriminatory to the LGBT community.

The law in question excludes sexual identity and gender from the state’s antidiscrimination protections, which has caused companies who don’t agree to decide to do business elsewhere where these groups will not be excluded from discrimination.

The AP analysis only included a company or project as part of the total figure if it could be conclusively determined that the bathroom bill was why it was pulled from the state. The analysis also included current plans and projects only — the state will probably lose additional hundreds of millions in future NCAA events that would have taken place there.

Still, according tot the AP, supporters of the law point out $4 billion is a drop in the bucket compared to the overall state economy of $500 billion — roughly the size of Sweden’s economy — and say they are willing to deal with the loss to protect women and girls who might be preyed on by sexual predators posing as transgender people to enter women’s bathrooms.

Twitter users had a variety of opinions.

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An analysis by The Associated Press has showed North Carolina's "bathroom bill" will cost the state $3.76 billion in lost revenue from companies and organizations that will pull business from the state because of the anti-transgender law.
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Monday, 27 Mar 2017 02:49 PM
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