The loss of $4.8 billion in federal grants and contracts, primarily from the loss of $4.7 billion in funding for schools, colleges, and universities. As a result, North Carolina has already experienced, or risks, the following economic impacts: More specifically, we identify the following ten actual or potential harmful economic impacts:īy discriminating against transgender people, HB2 conflicts with federal laws, the laws of many other states and localities, the corporate policies of most large companies, and the equality norms of the majority of people in the United States. In addition, HB2 contributes to a challenging environment for LGBT people that potentially costs the state tens to hundreds of millions of dollars each year. ![]() Further, HB2 repeals all local non-discrimination ordinances that provided protections to many of North Carolina’s over 336,000 LGBT residents.Īfter considering the size of the LGBT population in North Carolina, and the legal landscape and social climate they face, we estimate that HB2 directly puts at risk almost $5 billion just in terms of federal funding and business investment. HB2 discriminates against the over 37,800 transgender people in the state by prohibiting them from using restrooms consistent with their gender identity in public schools and universities, and in state government buildings. This report considers the legal and economic implications of North Carolina’s HB2. Legacy Campaign Honoring Our Past, Shaping Our Future.Infographics Visualizations of our research. ![]() Survey Measures How to ask sexual orientation and gender identity questions.Data Interactives Customizable visualizations of our data. ![]() LGBT FAQs Find answers to our most frequently asked questions.
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