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ONSHORE Manufacturing Act

7/21/2026, 2:23 AM

Summary of Bill S 4994

The bill, introduced in the 119th Congress, aims to amend the Internal Revenue Code of 1986 by establishing tax credits for domestic manufacturing of critical medical supplies and drugs.

Current Status of Bill S 4994

Bill S 4994 is currently in the status of Bill Introduced since July 15, 2026. Bill S 4994 was introduced during Congress 119 and was introduced to the Senate on July 15, 2026.  Bill S 4994's most recent activity was Read twice and referred to the Committee on Finance. as of July 15, 2026

Bipartisan Support of Bill S 4994

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 4994

Primary Policy Focus

Alternate Title(s) of Bill S 4994

A bill to amend the Internal Revenue Code of 1986 to provide for credits against tax for domestic manufacturing of critical medical supplies and drugs.
A bill to amend the Internal Revenue Code of 1986 to provide for credits against tax for domestic manufacturing of critical medical supplies and drugs.

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