In CommitteeFiled Feb 20, 2026
Sponsor: Rep. Kiley, Kevin [R-CA-3] (R)
Latest Action
Referred to the House Committee on the Judiciary.
Feb 20, 2026
Summary
The Keep Jobs in California Act of 2026 stops any state from levying a tax on the value of assets owned by people who do not live in that state if the tax applies to periods before the law takes effect. It protects nonresident individuals from unexpected, back‑dated tax bills and is intended to keep California attractive for businesses and jobs. By limiting such taxes, the bill aims to reduce financial barriers that could drive investment away from the state.
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