Statement by State Senator Brad Hoylman on Signing of the Trust Act into Law by Governor Cuomo

New law would authorize the New York State Department of Taxation & Finance to share the state tax information of public officials with a requesting Congressional committee

Hoylman: “This law helps restore the fundamental democratic principal that no one person is above the law”

“The legislation of mine that Governor Cuomo signed today, the TRUST Act (S.5072-A & S.6145 / A.7194-A & A.7750), helps restore the fundamental democratic principal that no one person — no matter what office they might hold — is above the law.

As the home state of Donald Trump, New York has a special role to play to help avoid a constitutional crisis between the President and Congress in their effort to obtain his tax returns. But this legislation is bigger than one person or one president. Moving forward, this new law helps Congress perform one of its most important responsibilities: oversight of the Office of the President.

I’m grateful to Governor Cuomo for his signing the TRUST Act into law, Senate Majority Leader Andrea Stewart-Cousins for bringing this bill to the floor for a vote, my Assembly colleague David Buchwald for co-sponsoring this bill, and Speaker Carl Heastie and all of my Albany colleagues for their support of this important legislation."

The TRUST Act authorizes the sharing of New York State tax returns filed by top government officials at the federal, state and local levels with a requesting Congressional tax committee when the request is made in the furtherance of a legitimate task of Congress.