CONGRESS FOR VOTERS

IndependentBill · H.R. 7619· House(119-HR-7619)

Keep Jobs in California Act of 2026

Rep. Kiley
Age: 41 years
California
Introduced
2/20/2026
Last activity
2/20/2026 — Referred to the House Committee on the Judiciary.
Sponsored by
Kevin Kiley
Cosponsors
None
Taxation
  1. Introduced
  2. In Committee

What this bill would do

This bill is titled the "Keep Jobs in California Act of 2026." It aims to prevent a State from taxing the assets of people who do not live there. Specifically, it prohibits taxing those assets based on their value during a time before the tax law was even passed. This restriction applies if the individual does not reside in that State on the date the tax law is enacted. The Act is set to take effect on January 1, 2026.

Yes· 3 of 4

  • Would high-income households be better off under this?+6

    The bill protects high-income nonresidents from being taxed on assets held prior to the enactment of new state tax laws.

  • Would people with substantial wealth be better off under this?+6

    The bill shields the asset values of wealthy individuals from retroactive state taxation.

  • Would the very wealthiest people be better off under this?+6

    The bill secures assets of the extremely wealthy against retroactive state-level tax changes.

The opposite

  • Does this raise taxes on the highest earners?-5

    The bill prevents states from raising taxes on the assets of wealthy nonresidents via retroactive legislation.

  • Does this leave more decisions to the states?-4

    The bill limits the authority of states to implement their own retroactive tax laws on nonresidents.