Connecticut legislators call on Bank of America to move headquaters to CT

Tuesday, a bipartisan group of more than 40 Connecticut legislators wrote to Charlotte-based Bank of America inviting the corporation to relocate its corporate headquarters to Connecticut.

The letter follows passage of a new law restricting the rights of LGBT residents of North Carolina.

Bank of America has been particularly outspoken in its opposition to a law that it views as targeting its LGBT workforce and longstanding support for public policies that support nondiscrimination.

North Carolina’s House Bill 2, the Public Facilities Privacy & Security Act, blocks transgendered residents from accessing restrooms and prevents local governments from adopting nondiscrimination ordinances.

The bill has been deemed "the most anti-LGBT legislation in the country."

Bank of America is the biggest of many North Carolina companies to openly oppose the law.

The Banking Chairs would not rule out targeting other North Carolina financial institutions, including Wells Fargo and PayPal, both of which have strongly opposed the new law.

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