It was approved by a House committee this week, and if House Bill 1006 becomes law, companies that want state contracts would have to research their histories and file an affidavit stating whether they profited from slavery. John Hood told the Greenboro News-Record the bill is “preposterous.” He added that slavery ended long ago and there are more pressing problems to address. NBC 17 in the Triangle turned to Roy Cordato for comment on the issue. He argued the legislation imposes costs on business with no benefits to citizens. What’s more, he explained, it was the State of North Carolina that allowed legal slavery in the first place.