Bill · H.R. 5983· House(119-HR-5983)
National Resilience and Recovery Fund Act
- Introduced
- 11/7/2025
- Last activity
- 11/8/2025 — Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.
- Sponsored by
- Melanie Stansbury
- Cosponsors
- - 6 - 0
- Introduced
- In Committee
What this bill would do
The National Resilience and Recovery Fund Act creates a trust fund to support disaster and infrastructure programs. This fund is financed through various taxes on crude oil and natural gas, including a new windfall profits tax and a tax on production from the Gulf of Mexico. The money collected will be used by the Federal Emergency Management Agency (FEMA) for specific grant and loan programs. The bill also expands the definition of crude oil to include tar sands and oil shale.
Yes· 3 of 25
Does this improve help for people hit by a disaster?+9
Directly creates a trust fund to finance FEMA's hazard mitigation and recovery programs.
Does this raise the taxes companies pay?+7
Imposes significant new excise and windfall profits taxes on oil and gas producing companies.
Would households on low incomes be better off under this?+6
Low-income households are disproportionately affected by disasters and benefit most from flood and hazard mitigation.
The opposite· 3 of 6
Would billionaires be better off under this?-7
Directly targets windfall profits of oil billionaires.
Would the very wealthiest people be better off under this?-6
Directly targets windfall profits of ultra-high-net-worth oil industry leaders.
Would people with substantial wealth be better off under this?-5
Directly targets windfall profits of high-net-worth oil industry leaders.
Who it would affect, and how
Potential Positive Impacts for People
- Funding for Disaster Mitigation: The bill provides money to the FEMA Hazard Mitigation Grant Program, the Building Resilient Infrastructure and Communities grant program, the Safeguarding Tomorrow Revolving Loan Fund Program, and the Flood Mitigation Assistance program (Sec. 2(c)). This could help communities better prepare for and recover from disasters.
Potential Negative Impacts for People
-
Increased Costs for Oil Producers: The bill imposes a 13 percent tax on the removal price of crude oil or natural gas from the outer Continental Shelf in the Gulf of Mexico (Sec. 5901(a)).
-
Windfall Profits Tax: Covered taxpayers who extract or import over 300,000 barrels of oil daily may face an additional excise tax based on the excess price of Brent crude oil compared to 2015-2019 averages (Sec. 5896).
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Additional Petroleum Taxes: The bill adds a "National Resilience and Recovery Fund financing rate" of 10 cents a barrel to existing taxes on crude oil and imported petroleum products (Sec. 4(a)).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Low Income Households+6Good For Urban Residents+5Good For African Americans+4Good For Asian Americans+4Good For Hispanic Americans+4Good For Middle Class Households+4Good For Native Americans+4Good For Rural Residents+4Good For Union Workers+3Good For White Americans+3Good For Children+2Good For Middle Aged+2Good For People With Disabilities+2Good For Seniors+2Good For Young Adults+2Good For Billionaires-7Good For Ultra High Net Worth Individuals-6Good For High Net Worth Individuals-5Good For Business Owners-4Good For High Income Households-2
- Environment Energy And Infrastructure
- Improves Disaster Relief And F E M A+9Reduces Fossil Fuel Production+6Improves Environmental Protections+5Reduces Carbon Emissions+4Improves Roads And Bridges+3Reduces Gas Prices-3
- Economy And Finance
- Increases Corporate Taxes+7Increases Wealthy Taxes+5Increases Job Creation+3Improves Economic Growth+2
- Governance And Ideology
- Increases Federal Power+2
- 12/16/2025
- 1 Cosponsor added.
- 11/12/2025
- 1 Cosponsor added.
- 11/8/2025
- Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.
- 11/7/2025
- Referred to the Committee on Ways and Means, and in addition to the Committees on Transportation and Infrastructure, and Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- 4 Cosponsors added.
- Introduced in House
2 bills Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Becca BalintDemocrat · Vermont
André CarsonDemocrat · Indiana
Daniel GoldmanDemocrat · New York
Jared HuffmanDemocrat · California
Pramila JayapalDemocrat · Washington
Eleanor NortonDemocrat · District of Columbia