OKLAHOMA CITY
A new study estimates that Oklahoma’s anti-illegal immigration law will cause $1.8 billion in economic losses as foreign-born workers flee the state.
The projection is based on 50,000 workers, both documented and undocumented, leaving Oklahoma, causing a 1.3 percent reduction in the gross state product over the next few years.
The Oklahoma Bankers Association said it has no stand on the immigration measure, but commissioned the study after reports from banks about problems incurred by companies that employ immigrant workers.
One restaurant that had been making $5,000 payments to a bank each month closed its doors, construction projects have been delayed because of a lack of workers and farm workers have disappeared, banking officials said.
Oklahoma’s House Bill 1804, written by Rep. Randy Terrill, R-Moore, took effect Nov. 1, preventing undocumented immigrants from obtaining drivers’ licenses and public services.
It criminalized transporting, concealing or harboring them, and eventually will require employers to check immigration status of prospective employees through an online federal program.