NC commerce secretary says no significant economic impact from HB2

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House Bill 2.

CHARLOTTE, N.C. — North Carolina Commerce Secretary John Skvarla told the Charlotte Observer Monday that negative economic effects from House Bill 2 have been more talk than actual impact.

“It hasn’t moved the needle one iota,” Skvarla said, adding that the state is in the “best position” it’s ever been in financially.

HB 2, which was signed by Gov. Pat McCrory in March, nullified local government ordinances establishing anti-discrimination protections for lesbian, gay, bisexual and transgender people. But it gained widespread attention for its stipulation requiring people in publicly owned buildings to use restrooms that correspond with the gender listed on their birth certificate.

Since its was signed, the NBA All-Star game, seven NCAA championship games and eight ACC championship games have been pulled from the state due to discrepancies over the bill.

Skvarla said North Carolina has “hundreds of active [business] projects” in the works. He also said the state has the nation’s 23rd largest economy.