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babylonsister

(171,070 posts) Mon Jul 8, 2019, 01:08 PM Jul 2019

N.Y. Gov. Cuomo signs bill allowing Congress to access Trump's state tax returns

N.Y. Gov. Cuomo signs bill allowing Congress to access Trump's state tax returns
The measure ensures that "no one is above the law," the governor said in a statement.
July 8, 2019, 10:40 AM EDT / Updated July 8, 2019, 12:16 PM EDT
By Allan Smith and Adam Edelman

New York Gov. Andrew Cuomo on Monday signed a bill that would allow certain members of Congress to access President Donald Trump's New York state tax returns.

The bill, which Cuomo had been expected to OK, requires New York officials to release tax returns of public officials that have been requested by "congressional tax-related committees" that have cited "specified and legitimate legislative purpose" in seeking them.

"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, a Democrat, said in a statement. "Tax secrecy is paramount — the exception being for bona fide investigative and law enforcement purposes."

The tax bill, which was passed weeks ago by the Democratically controlled state Legislature, makes it easier for New York to turn over the state tax returns of certain public office-holders, along with entities those people control or have a large stake in, that are requested by the leaders of the three congressional tax-writing committees.

"It's a momentous day for transparency in government, especially when it comes to holding elected officials more accountable," David Buchwald, a state Assemblyman who sponsored the legislation, told NBC News

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https://www.nbcnews.com/politics/donald-trump/ny-gov-cuomo-signs-bill-allowing-congress-access-trump-s-n1027396?fbclid=IwAR2nEmoay4IzLyG2rR6AmG7YmpVoQNmhhlSfSHtNFKMP4nJ7wCGptZWCZFQ

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N.Y. Gov. Cuomo signs bill allowing Congress to access Trump's state tax returns (Original Post) babylonsister Jul 2019 OP

So, when does Congress actually receive the forms? Is this a done deal? spanone Jul 2019 #1

So The Bill Hasn't Even Been Signed Me. Jul 2019 #2

Won't this get tied up in the courts? Quemado Jul 2019 #3

I'm curious what will be on the NYS forms as opposed to the Federal? mitch96 Jul 2019 #4

spanone

(135,844 posts)

1. So, when does Congress actually receive the forms? Is this a done deal?

Reply to babylonsister (Original post)

Mon Jul 8, 2019, 01:10 PM

Jul 2019

Me.

(35,454 posts)

2. So The Bill Hasn't Even Been Signed

Reply to babylonsister (Original post)

Mon Jul 8, 2019, 01:11 PM

Jul 2019

Yet Chairman Neal has rec'd a barrage of criticism for not asking for the returns. I am aware he has his reason but he couldn't have them if he wanted them up to now.

Quemado

(1,262 posts)

3. Won't this get tied up in the courts?

Reply to babylonsister (Original post)

Mon Jul 8, 2019, 01:14 PM

Jul 2019

We know how Trump operates: block everything.

mitch96

(13,912 posts)

4. I'm curious what will be on the NYS forms as opposed to the Federal?

Reply to babylonsister (Original post)

Mon Jul 8, 2019, 01:44 PM

Jul 2019

I looked thru a google search and didn't get a simple answer. Arn't they basically the same thing? Do you have to disclose what federal taxes paid are on the State form?
I'm in a state that does not have state tax so I'm not familiar with state forms.
m

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