New York Governor Andrew Cuomo signed a bill into law Monday that will allow the release of the President’s state tax returns to Congress.
The bill would order the New York Tax Department to release New York returns to one of the three major congressional committees, the House Ways and Means Committee, the US Senate Finance Committee or the Joint Committee on Taxation.
The bill requires the tax officials to release the president’s state returns for any “specified and legitimate legislative purpose.” The purpose must also be verified by a chairperson of one of the committees: “Such permission shall be granted only if the chairperson of the requesting committee certifies in writing that such reports or returns have been requested for a specified and legitimate legislative purpose.”
The new law is entitled the “tax returns released under specific terms act.”
