Congress·In Committee·H.R. 7619
Keep Jobs in California Act of 2026
State Taxes: Banning Wealth Taxes on People Who Moved Away
Legislative Progress
House
Key Points
- Rep. Kiley introduced a bill that would stop states from passing new laws to tax the wealth of people who have already moved away. It specifically bans "retroactive" taxes, which are taxes on property or money someone owned in the past, before the tax law even existed.
- This would protect people who move to a new state from being surprised by a tax bill from their old state. For example, if a state passes a new wealth tax in 2027, they would not be allowed to use it to collect money from someone who moved out of the state in 2025.
- The bill is intended to stop people and businesses from leaving states like California out of fear that they will be taxed on their savings even after they move. Supporters believe this will make the tax system more fair and predictable for everyone.
Impact Analysis
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Milestones
2 milestones2 actions
Feb 20, 2026
Referred to the House Committee on the Judiciary.
Feb 20, 2026
Introduced in House
The bill was officially filed and given a number. It now enters the legislative queue.
Votes
No votes have been recorded for this legislation yet.
News
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Source Information
Document Type
Congressional Bill
Official Title
Keep Jobs in California Act of 2026
Bill NumberHR 7619
Congress119th Congress
ChamberHouse of Representatives
Latest ActionReferred to the House Committee on the Judiciary.
Data Sources
Sponsor
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