ONSHORE Manufacturing Act provides tax credits for domestic manufacturing of critical medical supplies and drugs.

The ONSHORE Manufacturing Act amends the Internal Revenue Code to introduce tax credits for domestic medical and drug manufacturing. It includes a domestic medical and drug manufacturing credit, a qualifying advanced medical manufacturing equipment credit, and a medical manufacturing EPA compliance credit. These credits are designed to incentivize the production of essential medicines, medical countermeasures, critical inputs, medical devices, and active pharmaceutical ingredients within the United States.

ONSHORE Manufacturing Act provides tax credits for domestic manufacturing of critical medical supplies and drugs.

The ONSHORE Manufacturing Act amends the Internal Revenue Code to introduce tax credits for domestic medical and drug manufacturing. It includes a domestic medical and drug manufacturing credit, a qualifying advanced medical manufacturing equipment credit, and a medical manufacturing EPA compliance credit. These credits are designed to incentivize the production of essential medicines, medical countermeasures, critical inputs, medical devices, and active pharmaceutical ingredients within the United States.