STATE OF NEW YORK ________________________________________________________________________ 7462 2017-2018 Regular Sessions IN ASSEMBLY April 26, 2017 ___________ Introduced by M. of A. BUCHWALD, FAHY, PAULIN, CRESPO, PERRY, BARRETT -- read once and referred to the Committee on Ways and Means AN ACT to amend the tax law, in relation to requiring the disclosure of tax returns by statewide elected public officials including the presi- dent of the United States The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Section 697 of the tax law is amended by adding a new 2 subsection (p) to read as follows: 3 (p) Disclosure of certain elected officials' tax information. (1) 4 Notwithstanding the provisions of subsection (e) of this section, the 5 commissioner shall post on the department's website: 6 (A) A statement disclosing whether the president of the United States, 7 the vice president of the United States, a United States senator repres- 8 enting New York state or a statewide elected official, as that term is 9 defined in section seventy-three of the public officers law, has filed 10 New York state income tax returns pursuant to this article in any of the 11 immediately preceding five taxable years. With respect to each such 12 return, the commissioner shall include in such statement the following 13 information as reported on the return: (i) New York adjusted gross 14 income, (ii) any standard deduction or itemized deductions claimed on 15 the return, (iii) taxable income, (iv) total New York state taxes due, 16 (v) total New York city and Yonkers taxes, surcharges and metropolitan 17 commuter transportation mobility taxes due, (vi) sales or use taxes, 18 (vii) any payments and refundable credits, (viii) total New York state, 19 New York city and Yonkers taxes withheld, (ix) total estimated tax 20 payments, (x) whether the taxpayer claimed a refund with such return, 21 and if so the amount of such refund, (xi) whether the taxpayer reported 22 any amount owed, and if so the amount owed, (xii) any estimated tax 23 penalty, and (xiii) any other penalties and interest. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD11072-06-7

A. 7462 2 1 (B) Copies of all New York state income tax returns filed to the 2 department pursuant to this article by the president of the United 3 States, the vice president of the United States, a United States senator 4 representing New York state or a statewide elected official with respect 5 to each of the immediately preceding five taxable years, provided howev- 6 er that the following information shall be redacted prior to such copies 7 being posted on the department's website: (i) the taxpayer's social 8 security number, (ii) the social security number of the taxpayer's 9 spouse and any individuals claimed as dependents on the return, (iii) 10 any account number reported on the return, (iv) any taxpayer addresses 11 on the return, and (v) any additional information if the commissioner 12 determines that the disclosure of such information will violate federal 13 law. 14 (C) The commissioner shall make the first such postings required by 15 this paragraph no later than thirty days after the effective date of 16 this subsection, and subsequent postings no later than thirty days after 17 the president of the United States, the vice president of the United 18 States, a United States senator representing New York state or a state- 19 wide elected official takes his or her oath of office. 20 (D) Statements and income tax returns posted on the department's 21 website pursuant to this paragraph shall remain posted until such 22 elected official leaves office. 23 (2) Notwithstanding the provisions of subsection (e) of this section, 24 the commissioner shall, on an annual basis as hereinafter provided, post 25 on the department's website: 26 (A) A statement disclosing whether the president of the United States, 27 the vice president of the United States, a United States senator repres- 28 enting New York state or a statewide elected official, as that term is 29 defined in section seventy-three of the public officers law, has filed 30 New York state income tax returns pursuant to this article on or after 31 the effective date of this subsection. With respect to each such return, 32 the commissioner shall include in such statement the following informa- 33 tion as reported on the return: (i) New York adjusted gross income, (ii) 34 any standard deduction or itemized deductions claimed on the return, 35 (iii) taxable income, (iv) total New York state taxes due, (v) total New 36 York city and Yonkers taxes, surcharges and metropolitan commuter trans- 37 portation mobility taxes due, (vi) sales or use taxes, (vii) any 38 payments and refundable credits, (viii) total New York state, New York 39 city and Yonkers taxes withheld, (ix) total estimated tax payments, (x) 40 whether the taxpayer claimed a refund with such return, and if so the 41 amount of such refund, (xi) whether the taxpayer reported any amount 42 owed, and if so the amount owed, (xii) any estimated tax penalty, and 43 (xiii) any other penalties and interest. 44 (B) Copies of all New York state income tax returns filed to the 45 department pursuant to this article on or after the effective date of 46 this subsection, by the president of the United States, the vice presi- 47 dent of the United States, a United States senator representing New York 48 state or a statewide elected official, provided however that the follow- 49 ing information shall be redacted prior to such copies being posted on 50 the department's website: (i) the taxpayer's social security number, 51 (ii) the social security number of the taxpayer's spouse and any indi- 52 viduals claimed as dependents on the returns, (iii) any account number 53 reported on the returns, (iv) any taxpayer addresses on the returns, and 54 (v) any additional information if the commissioner determines that the 55 disclosure of such information will violate federal law.

A. 7462 3 1 (C) The commissioner shall make the postings required by this para- 2 graph no later than the fifteenth day of the fifth month following the 3 close of the taxable year, provided however that if the president of the 4 United States, the vice president of the United States, a United States 5 senator representing New York or a statewide elected official has 6 obtained an extension for filing a return pursuant to section six 7 hundred fifty-seven of this article, such postings shall occur no later 8 than thirty days after the return is filed with the department. 9 (D) Statements and returns posted on the department's website pursuant 10 to this paragraph shall remain posted until such elected official leaves 11 office. 12 (3) If the commissioner redacts any information from a return posted 13 pursuant to this subsection based on a determination that disclosure of 14 such information would violate federal law, the commissioner shall, at 15 the time of posting such redacted return, post on the department's 16 website a description of the type of information that was redacted from 17 the return and a detailed explanation of the commissioner's determi- 18 nation that disclosure of such information would constitute a violation 19 of federal law. 20 (4) If any clause, sentence, paragraph or part of this subsection 21 shall be adjudged by any court of competent jurisdiction to be invalid, 22 the judgment shall not affect, impair or invalidate the remainder there- 23 of, but shall be confined in its operation to the clause, sentence, 24 paragraph or part of this subsection directly involved in the controver- 25 sy in which the judgment shall have been rendered. 26 § 2. This act shall take effect immediately.