The bill, introduced Monday at the Senate of New York State, will allow the tax authority of the state to release state tax returns to Congress upon request.
Trump is a resident of New York, and the state is home to headquarters for his family business, Trump Organization.
Although the legislation would only allow the release of the president's state revenue, the fact that most of the president's business was held in New York means that such a return may be almost the same as his federal
This measure is sponsored by the state senator Brad Hoyleman
The bill, if adopted, will allow the authorized Ministry of Taxation and Finance to transfer tax returns at the request of the House of Representatives of the United States Committee on Paths and Facilities, the US Senate Finance Committee or the Joint Tax Committee, said spokeswoman Hoylman Every Cohen. She added that the bill stipulates that the request will be "for a certain and legitimate legislative purpose".
Representative of the majority of the New York Senate, Andrea Stewart-Cousin, told CNN on Monday that the bill is under consideration.
"This is what we will discuss as a Conference to decide if and when it is necessary to move forward in this legislation," said Mike Murphy, a spokeswoman for Stewart-Casins.
Senate Republican leadership did not immediately respond to a request for comments
Hoylman has a historical practice of disclosing Trump's financial history. Last year, Haylman sponsored a bill that would require any presidential candidate or vice president who wished to appear on the ballot paper in New York City, filed to The State Election Commission's federal income tax returns
as "tax declarations were evenly disclosed" ̵
Hoilman is currently sponsoring a similar bill that is before Electoral Committee of the State Senate.
Trump refused to release his Tax returns, the first president for 40 years to do this. He argued that current internal tax audits do not allow him to do so, despite the fact that none of such audits e prohibit their release.
Chris Isidore (CNN) Chris Isidor contributed to this report.