NY Senator to Push Bill Requiring Presidential Candidates to Release Tax Returns

A New York state senator will introduce legislation requiring presidential candidates to make their tax returns public — after Donald Trump refused to reveal how much he paid in taxes, The Hill reports.

Democratic State Sen. Brad Hoylman is set to introduce the Tax Returns Uniformly Made Public Act — or TRUMP Act, when the New York legislature meets next year.

According to The Hill, the legislation will require candidates to submit five years of federal tax returns with the state Board of Elections 50 days before the general election.

The bill would prohibit New York's Electoral College members from voting for any candidate who failed to do so.

"For over four decades, tax returns have given voters an important window into the financial holdings and potential conflicts-of-interest of presidential candidates," Hoylman said.

"Sadly, President-elect Donald Trump repeatedly refused to release copies of his federal income taxes prior to the election, denying voters this crucial information. This isn't normal."

While Trump has still not released his tax returns, Democrats are pushing to require his Cabinet nominees to release three years of their tax information, The Washington Post reported.

• Senate Dems Plan to Push for Tax Returns for Cabinet Nominees
• Trump Says He Will Only Take $1 Presidential Salary