N.Y. Could Share Trump Tax Returns Under Proposed Bill

Democratic lawmakers in New York are pushing for legislation that would allow the state to share President Donald Trump’s tax returns, aiding Congressional investigations.

The legislation (S. 5072), introduced April 8 by Sen. Brad Hoylman (D), would create an exemption to the state’s current tax law, which prohibits the sharing of tax return information, except under certain circumstances, according to a news release.

The new exemption would authorize the state to share tax returns upon request from a Congressional committee if they query.

• The law would protect against fishing expeditions by authorizing the New York State Commissioner of Taxation ...