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Friday, April 12, 2019

Illinois joins multiple-state push for Trump's tax returns ahead of 2020 election

Senate Bill 145, introduced in January by State Sen. Antonio Muñoz, would require any candidate for president or vice president to release the most recent five years of their tax returns to have their name on the general election ballot.
The push from Illinois Democrats for President Donald Trump's taxes ahead of the 2020 presidential election comes as several other states are pursuing similar legislation -- and congressional Democrats are seeking to gain access to the President's tax returns under a 1924 provision in the Internal Revenue Code.
As a candidate, and now as president, Trump has declined to release his tax returns, claiming he's prevented from doing so because he's under IRS audit. An audit, however, does not legally Trump bar from releasing his tax returns and has not stopped past presidents from doing so.
"Voters have a right to know a presidential candidate's conflicts of interests," Muñoz said in a statement on his website. "They have reasonably expected this disclosure for decades, and if candidates won't release the information willingly, then we need a law in place that requires it."
Since 2017, 18 state legislatures, including those in Illinois and New York, have introduced bills that would require presidential candidates to publicly disclose their tax returns to be on the ballot, according to the National Conference of State Legislatures.
House Democrats in Washington formally requested the President's tax returns last week from the Internal Revenue Service, but Treasury Secretary Steven Mnuchin informed them on Wednesday that his department would be unable to comply with their deadline for Trump's tax return.
Under the bill approved Thursday, the Illinois secretary of state would post the tax returns on its website, with the candidate's personal information redacted. The bill would not apply to congressional or statewide candidates.
Democrats cry foul over Mnuchin role in Trump tax return drama
The measure was approved by the Illinois Democratic-controlled Senate, 36-19. The bill has moved to the Illinois House, where Democrats also hold the majority. CNN has reached out to Democratic Gov. J.B. Pritzker's office for comment of whether the governor supports the bill.
Republican state Sen. Dale Righter questioned the bill's constitutionality and called it "an embarrassing waste of the Senate's time" on Thursday, the Capitol News Illinois reported.
New York legislators introduced a bill Monday that would authorize the state's tax commissioner to release state tax returns to Congress upon request. The legislation, if passed, would enable the release of Trump's state returns, since he is a New York resident and the state is home to his family business, the Trump Organization.

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