NY governor signs bill allowing Congress to obtain Trump's state tax returns

TheHill | 7/8/2019 | Naomi Jagoda
Emzah92 (Posted by) Level 3
Click For Photo: https://thehill.com/sites/default/files/andrewcuomo_09142018.jpg

New York Gov. Andrew Cuomo (D) on Monday signed legislation that would allow Congress to obtain President Trump's state tax returns.

"This bill gives Congress the ability to fulfill its Constitutional responsibilities, strengthen our democratic system and ensure that no one is above the law," Cuomo said in a statement.

Bill - House - Ways - Means - Committee

The bill signing comes after the House Ways and Means Committee, led by Rep. Richard Neal (D-Mass.) filed a lawsuit last week in order to obtain Trump's federal tax returns from 2013 to 2018.

Neal has indicated that he may not seek Trump's New York state returns, however.

Trump - Tax - Returns - House - Panel

He has said he wants to examine Trump's federal tax returns because the House panel is interested in oversight and legislation related to how the IRS audits presidents.

“The difficulty is that we don’t have control over state taxes,” he told reporters in May.

New - York - Law - Chairmen - House

Under the New York law, the chairmen of the House Ways and Means Committee, Senate Finance Committee and Joint Committee on Taxation can request federal, state and local officials' state income tax returns from the commissioner of the New York Department of Taxation and Finance.

The state tax returns have to be requested in relation to a legitimate task of Congress, and lawmakers can only request them if they've requested related federal tax returns from the U.S. Treasury Department. Information...
(Excerpt) Read more at: TheHill
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