# 119-s-5085: A bill to amend the Internal Revenue Code of 1986 to apply inflation adjustments to the additional hospital insurance tax on high income taxpayers.

119-s-5085, A bill to amend the Internal Revenue Code of 1986 to apply inflation adjustments to the additional hospital insurance tax on high income taxpayers., is a 119th Congress bill sponsored by Sen. Kennedy, John [R-LA] (R-LA); status introduced; PRIA reads it as touching household money (as of 2026-08-13).

- Canonical: https://policyrisk.com/legislation/119-s-5085
- As of: 2026-08-13
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-5085
- Congress: 119
- Title: A bill to amend the Internal Revenue Code of 1986 to apply inflation adjustments to the additional hospital insurance tax on high income taxpayers.
- Status: introduced
- Introduced: 2026-07-22
- Sponsor: Sen. Kennedy, John [R-LA] (R-LA)
- Cosponsors: 0
- Policy area: Taxation
- Touches household money: yes
- Last recorded action: 2026-08-13

## Summary

**Indexes the income cutoffs that trigger the additional hospital insurance tax to inflation.** The bill would apply the federal cost-of-living adjustment (COLA) to the dollar amounts that determine who pays the additional hospital insurance tax and to parallel amounts in self-employment tax rules, and it would round adjusted amounts up to the next $1,000.

## Provisions PRIA read

- Higher Medicare payroll thresholds for workers: benefit, low. This bill would index the wage amounts that trigger the additional hospital insurance (Medicare) payroll tax for employees. For calendar years beginning after 2026, each dollar amount in the listed wage rules would be increased by that dollar amount times the cost-of-living adjustment under section…
- Higher Medicare thresholds for self-employed: benefit, low. This bill would index the dollar amounts that trigger the additional hospital insurance portion of self-employment tax. For taxable years beginning after 2026, each specified dollar amount would be increased by that base amount times the cost-of-living adjustment under section 1(f)(3), using calend…

## Related bills

- 119-s-688: Fighting Foreign Illegal Seafood Harvests Act of 2025
- 119-s-4952: Protecting American Taxpayers Act
- 119-s-4378: Protecting American Taxpayers Act
- 119-s-1748: Kids Online Safety Act
- 119-s-4065: STAND with Taiwan Act of 2026
- 119-s-3492: Essential Caregivers Act of 2025

## Sources
- [119-s-5085 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/5085)

## Related
- [119-s-688: Fighting Foreign Illegal Seafood Harvests Act of 2025](https://policyrisk.com/legislation/119-s-688)
- [119-s-4952: Protecting American Taxpayers Act](https://policyrisk.com/legislation/119-s-4952)
- [119-s-4378: Protecting American Taxpayers Act](https://policyrisk.com/legislation/119-s-4378)
- [119-s-1748: Kids Online Safety Act](https://policyrisk.com/legislation/119-s-1748)
- [119-s-4065: STAND with Taiwan Act of 2026](https://policyrisk.com/legislation/119-s-4065)
- [119-s-3492: Essential Caregivers Act of 2025](https://policyrisk.com/legislation/119-s-3492)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-5085 (as of 2026-08-13).