A bill to amend the Internal Revenue Code of 1986 to apply inflation adjustments to the additional hospital insurance tax on high income taxpayers.
Latest action (22 Jul 2026): Introduced
What this bill does
Generate a neutral, plain-English explanation of what this bill does, who it affects and what happens next — grounded in the official text.
Official summary
This bill is in the first stage of the legislative process. It was introduced into Congress on July 22, 2026. It will typically be considered by committee next before it is possibly sent on to the House or Senate as a whole.
Common questions
- What does S. 5085 do?
- This bill is in the first stage of the legislative process. It was introduced into Congress on July 22, 2026. It will typically be considered by committee next before it is possibly sent on to the House or Senate as a whole.
- Has S. 5085 become law?
- Not yet. As of 22 Jul 2026, S. 5085 is introduced.
- Who sponsored S. 5085?
- S. 5085 was sponsored by Sen. John Neely Kennedy [R-LA] (Republican-LA), with 0 cosponsors.
- What's the latest action on S. 5085?
- Introduced (22 Jul 2026).
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