New York Senate expected to pass bill allowing lawmakers to see Trump's state tax returns

Source: The Hill | May 7, 2019 | Justin Wise

The New York State Senate is expected to pass a bill on Wednesday that would allow congressional committees to request President Trump’s New York state tax returns. 

State Sen. Brad Hoylman (D) told The New York Times on Tuesday that the upper chamber had enough votes to advance the bill Wednesday.

The legislation would loosen restrictions surrounding private tax information and allow the commissioner of the New York Department of Taxation and Finance to release state tax returns requested by the leader of one of three U.S. congressional committees. 

The committees are the House Ways and Means Committee, the Senate Finance Committee and the Joint Committee on Taxation.

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The Times noted that Trump’s state tax returns in New York could disclose virtually the same information as federal tax forms.

If the legislation passed, lawmakers could request corporation taxes, real estate transfer taxes and personal income taxes as long as they were for a “specific and legitimate legislative purpose.”

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