AUSTIN (WBAP/KLIF News) — Texas Governor Greg Abbott, Lt. Governor Dan Patrick and House Speaker Joe Straus all received a letter Tuesday from institutional investors urging them to reject SB 6, the so-called bathroom bill.
According to the Austin American-Statesman financial industry giants T. Rowe Price and BlackRock are among the 40 companies that signed the letter.
The letter respectfully warned, “As investors in companies that employ hundreds of thousands of people across your state, we … want Texas to continue to thrive as a successful business environment and to be a financial leader in our country. However, discriminatory legislation that undermines these opportunities may hinder public and private investment, as well as the ability to raise capital, throughout your state,”
SB 6 would require public schools and government buildings to limit public bathroom use to the sex listed on a person’s birth certificate, though private businesses would be free to set pro-transgender bathroom policies if desired. The bill also would overturn city and county ordinances that require transgender-friendly bathrooms.
(Copyright 2017, WBAP/KLIF News. All rights reserved.)
