HR 7619
Keep Jobs in California Act of 2026
Jurisdiction
US Congress
Session
119th Congress (2025-2026)
Last updated at
Jun 14, 2026, 4:06 AM
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- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
The Keep Jobs in California Act of 2026 aims to prevent states from imposing taxes on the assets of individuals who don't live in that state, particularly if those taxes relate to assets owned before the tax was implemented. This bill specifically prohibits retroactive taxation on nonresidents based on the value of their assets. It is designed to protect California residents and businesses from potential financial burdens related to state tax policies. The law will take effect on January 1, 2026.
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