Keep Texas Open for Business is voicing great concern and opposition to Texas’ Senate Bill 6, “Texas Privacy Act.”
The bill mirrors the HB 2 law out of North Carolina that has cost the Tar Hill State nearly $1 billion in lost revenue in less than 10 months.
“All Texans care deeply about safety and privacy, but Senate Bill 6 isn’t about either of those things,” said Chris Wallace, president of the Texas Association of Business (TAB), which leads the Keep Texas Open for Business coalition. “Senate Bill 6 is discriminatory and wholly unnecessary legislation that, if passed, could cost Texas as much as $8.5 billion in GDP and the loss of more than 185,000 jobs in the first year alone.”
Texas’ legislation, much like North Carolina’s, says that transgender people cannot use restrooms of the gender they identify with in a public school, university or government building, and stops municipalities from passing transgender-inclusive public accommodations policies.
“Our communities, our families and businesses across this state face a far more uncertain future if this kind of unnecessary regulation is enacted here,” Wallace said. “We cannot afford the real human consequences and staggering economic impact of slamming the door on the Texas’ history of openness, competitiveness, economic opportunity and innovation.”
Wallace adds that Keep Texas Open for Business and Texas Association of Business are willing to sit down with state legislators to address the concerns of safety while avoiding discriminatory laws.