Cuomo signs bill allowing state to release Trump's tax returns

Posted July 10, 2019

President Donald Trump's NY state tax returns could be given to Congress under a new law in his home state that the Democratic governor signed Monday.

According to CNN reporter Lauren Fox, Neal's position did not change after Cuomo signed the TRUST Act, which gives the House Ways and Means Committee, the Senate Finance Committee, and the Joint Committee on Taxation access to the president's state tax records.

Trump's tax returns have been the object of scrutiny by Democrats in Congress since he took office.

"New York has provided Congress a new route for getting answers on behalf of the American people - and all they have to do is ask", Ryan Thomas, a spokesman for the organization, said in a statement.

The law, effective immediately, opens a new avenue for the Democratic majority in Congress to investigate Trump's business affairs. "We as New Yorkers can step into that breach and help solve this problem".

Before the legislation was signed into law, NY state Sen.

Despite accusations from Republican lawmakers that NY state's new law is politically motivated and unconstitutional, the bill's sponsors claim they aren't personally targeting President Trump.

The New York law does require a similar legitimate legislative objective - though Democratic officials in the state are likely to be more amenable to Mr. Neal's reasoning.

All sides expect legal challenges and requests for injunctions, meaning it could be many months before any state tax returns are handed over. He is the first president since Watergate to decline to make his returns public, often claiming that he would release them if he were not under audit. The committee then explained that members could disclose why it wants the information in this case, arguing that it needed to see if Trump was complying with tax law.

Neal's committee filed a lawsuit on July 2 in one of the latest attempts to get the tax information, asking a judge "to seek relief" from Treasury Department Secretary Steven Mnuchin's and IRS Commissioner Charles Rettig's "refusal to produce tax return information concerning President Donald J. Trump in response to the committee's valid oversight requests".