|The NY legislature has amended its bill that would allow specific Congressional committees access to state tax returns. In response to concerns that it was overly broad, the amendments restrict the returns that can be shared to those of elected officials at the federal, state, and local level, as well as those of any businesses they have that are headquartered in NY. There are other changes as well, mostly minor, including one which would require that any Federal tax return information that was attached would have to be redacted.|
The final bill is scheduled to be voted on tomorrow and is expected to pass since both houses of the legislature are controlled by Democrats. NY Gov. Cuomo, also a Democrat, has indicated he will sign it as soon as it hits his desk.