# 119-s-4994: ONSHORE Manufacturing Act

119-s-4994, ONSHORE Manufacturing Act, is a 119th Congress bill sponsored by Sen. Blackburn, Marsha [R-TN] (R-TN); status introduced; PRIA reads it as touching household money (as of 2026-08-01).

- Canonical: https://policyrisk.com/legislation/119-s-4994
- As of: 2026-08-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-4994
- Congress: 119
- Title: ONSHORE Manufacturing Act
- Status: introduced
- Introduced: 2026-07-15
- Sponsor: Sen. Blackburn, Marsha [R-TN] (R-TN)
- Cosponsors: 0
- Policy area: Taxation
- Touches household money: yes
- Last recorded action: 2026-08-01

## Summary

**This bill would create three new _domestic medical manufacturing tax credits_ to push drug, device, and related equipment production back to the United States.** It would also require annual reports to Congress on credit use, Buy American procurement, and any drug or device shortages starting in 2027. - Manufacturers and drug makers would be eligible for a domestic medical and drug manufacturing income credit equal to 10.5 percent of qualified manufacturing income. The credit would be capped at 50 percent of W-2 wages that are allocable to those domestic activities and properly reported. - Companies that buy or place advanced manufacturing equipment in service could claim an investment credit that peaks at 30 percent for equipment placed before 2031 and phases down to 10 percent by 2032. A separate credit covers pollution control and compliance equipment that meets Clean Air or Clean Water Act standards and uses the same phased rates. - Multiple agencies must report annually beginning in 2027. The IRS will report credit use and VA, DoD, and FDA will report on Buy American procurement and any shortages linked to these credits, to help Congress track supply chain effects.

## Provisions PRIA read

- Tax credit for domestic drug makers: benefit, high. If enacted, businesses that make specified drugs, devices, APIs, or covered countermeasures in the U.S. would be able to claim a new tax credit equal to 10.5% of the lesser of their qualified medical and drug manufacturing income or their taxable income (individuals would substitute adjusted gross…
- Tax credit for medical equipment: benefit, high. If enacted, businesses that place qualifying advanced medical manufacturing equipment in service in the United States would be able to claim an investment tax credit equal to a percentage of the equipment's basis. The credit would be 30% for equipment placed in service before January 1, 2031, 20% f…
- Annual federal reports on credits: benefit, low. If enacted, four agencies would send yearly reports to Congress starting with calendar year 2027. The IRS would report on who used the new credits and how much was claimed. The VA and DoD would report on how the credits affect Buy American procurement of domestically made drugs and devices. The FDA…
- Big company tax rule for credits: mixed, medium. If enacted, the bill would require that the new domestic manufacturing credit and the two investment credits be included in base erosion and anti-abuse tax calculations for large and multinational firms. The change for the domestic manufacturing credit would apply for taxable years beginning after…

## Related bills

- 119-s-4744: Take Care of America’s Veterans Act
- 119-s-3597: National Quantum Initiative Reauthorization Act of 2026
- 119-s-2142: GOLDEN DOME Act of 2025
- 119-s-2438: Transformation to Competitive Integrated Employment Act
- 119-s-4952: Protecting American Taxpayers Act
- 119-s-1748: Kids Online Safety Act

## Sources
- [119-s-4994 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/4994)

## Related
- [119-s-4744: Take Care of America’s Veterans Act](https://policyrisk.com/legislation/119-s-4744)
- [119-s-3597: National Quantum Initiative Reauthorization Act of 2026](https://policyrisk.com/legislation/119-s-3597)
- [119-s-2142: GOLDEN DOME Act of 2025](https://policyrisk.com/legislation/119-s-2142)
- [119-s-2438: Transformation to Competitive Integrated Employment Act](https://policyrisk.com/legislation/119-s-2438)
- [119-s-4952: Protecting American Taxpayers Act](https://policyrisk.com/legislation/119-s-4952)
- [119-s-1748: Kids Online Safety Act](https://policyrisk.com/legislation/119-s-1748)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-4994 (as of 2026-08-01).