A bill from an independent
Last activity — Referred to the House Committee on the Judiciary.
In committee
Introduced and handed to a committee in the chamber it started in.
The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.
Its path through Congress
- Introduced
- 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
- Scored +6
Would high-income households be better off under this?
The bill protects high-income nonresidents from being taxed on assets held prior to the enactment of new state tax laws.
- Scored +6
Would people with substantial wealth be better off under this?
The bill shields the asset values of wealthy individuals from retroactive state taxation.
- Scored +6
Would the very wealthiest people be better off under this?
The bill secures assets of the extremely wealthy against retroactive state-level tax changes.
The opposite
- Scored -5
Does this raise taxes on the highest earners?
The bill prevents states from raising taxes on the assets of wealthy nonresidents via retroactive legislation.
- Scored -4
Does this leave more decisions to the states?
The bill limits the authority of states to implement their own retroactive tax laws on nonresidents.
Who it would affect, and how
Potential Positive Impacts for People
- Protection against retroactive taxation: The bill prevents a State from taxing assets based on their value during periods before the tax law was enacted, provided the individual is a nonresident (Section 2).
Potential Negative Impacts for People
- No negative impacts are explicitly mentioned in the text provided.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- Demographic And Interest Groups
- Would billionaires be better off under this? — The bill prevents states from applying new tax laws to the historical value of billionaire-held assets. Would high-income households be better off under this? — 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? — The bill shields the asset values of wealthy individuals from retroactive state taxation. Would the very wealthiest people be better off under this? — The bill secures assets of the extremely wealthy against retroactive state-level tax changes.
- Economy And Finance
- Does this raise taxes on the highest earners? — The bill prevents states from raising taxes on the assets of wealthy nonresidents via retroactive legislation.
- Governance And Ideology
- Does this leave more decisions to the states? — The bill limits the authority of states to implement their own retroactive tax laws on nonresidents.
- 2/20/2026
- Referred to the House Committee on the Judiciary.
- Introduced in House