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Daily Tax Report: State

California May Mandate Tax Returns for Presidential Candidates

July 8, 2019, 9:50 PM

Candidates for president or governor couldn’t appear on the California primary ballot unless they release their tax returns, under a bill one step closer to the governor.

S.B. 27 by Sen. Mike McGuire (D) would require that candidates provide their tax returns from the previous five years to the Secretary of State. The state Assembly passed the bill July 8 by a vote of 56-16.

The bill follows President Donald Trump’s break from years of tradition by choosing not to release his tax returns. The U.S. House Ways and Means Committee sued the Treasury Department and IRS for those returns...

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