# 119-hr-2872: RESILIENCE Act of 2025

119-hr-2872, RESILIENCE Act of 2025, is a 119th Congress bill sponsored by Rep. Miller, Carol D. [R-WV-1] (R-WV); status introduced; PRIA reads it as touching household money (as of 2026-07-19).

- Canonical: https://policyrisk.com/legislation/119-hr-2872
- As of: 2026-07-19
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-2872
- Congress: 119
- Title: RESILIENCE Act of 2025
- Status: introduced
- Introduced: 2025-04-10
- Sponsor: Rep. Miller, Carol D. [R-WV-1] (R-WV)
- Cosponsors: 11
- Policy area: Taxation
- Touches household money: yes
- Last recorded action: 2026-07-19

## Summary

**Aligns financial-statement income with tax depreciation for certain public utility property.** This bill would let taxpayers reduce adjusted financial statement income (AFSI) for property described in section 168(i)(10) by depreciation deductions under section 167 and by applicable public utility repair and maintenance deductions that are allowed in computing taxable income. - Taxpayers that own section 168(i)(10) property: Would be able to lower AFSI by the amount of depreciation and qualifying repair and maintenance deductions, limited to the amounts allowed in taxable income. Applies to taxable years beginning after Dec. 31, 2024. - Financial statements prepared under an Applicable Financial Statement (AFS): Will reflect reduced AFSI for the affected property, changing reported income for those assets. - Treasury authority: The Secretary may specify additional adjustments to ensure the property is accounted for the same way for AFSI and for tax purposes.

## Cosponsors (11)

- Rep. Schneider, Bradley Scott [D-IL-10] (D-IL), 2025-04-10T00:00:00.000Z
- Rep. Fitzpatrick, Brian K. [R-PA-1] (R-PA), 2025-04-28T00:00:00.000Z
- Rep. Bost, Mike [R-IL-12] (R-IL), 2025-04-28T00:00:00.000Z
- Rep. Panetta, Jimmy [D-CA-19] (D-CA), 2025-04-29T00:00:00.000Z
- Rep. Carter, Troy A. [D-LA-2] (D-LA), 2025-04-29T00:00:00.000Z
- Rep. Budzinski, Nikki [D-IL-13] (D-IL), 2025-04-30T00:00:00.000Z
- Rep. Soto, Darren [D-FL-9] (D-FL), 2025-05-05T00:00:00.000Z
- Rep. Sánchez, Linda T. [D-CA-38] (D-CA), 2025-05-08T00:00:00.000Z
- Rep. Houlahan, Chrissy [D-PA-6] (D-PA), 2025-05-08T00:00:00.000Z
- Rep. Sorensen, Eric [D-IL-17] (D-IL), 2025-05-13T00:00:00.000Z
- Rep. Moran, Nathaniel [R-TX-1] (R-TX), 2025-07-23T00:00:00.000Z

## Provisions PRIA read

- New tax rules for utility assets: mixed, high. If enacted, businesses that own certain public utility property would change how they figure financial-statement income used for tax rules. They could subtract tax depreciation for that property and certain repair and maintenance costs, but only up to the amounts allowed on their tax return for the…

## Related bills

- 119-hr-9877: Health Equity and Accountability Act of 2026
- 119-hr-1262: Mikaela Naylon Give Kids a Chance Act
- 119-hr-842: Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage Act
- 119-hr-3514: Improving Seniors’ Timely Access to Care Act of 2025
- 119-hr-2102: Major Richard Star Act
- 119-hr-2089: Generating Retirement Ownership through Long-Term Holding

## Sources
- [119-hr-2872 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/2872)

## Related
- [119-hr-9877: Health Equity and Accountability Act of 2026](https://policyrisk.com/legislation/119-hr-9877)
- [119-hr-1262: Mikaela Naylon Give Kids a Chance Act](https://policyrisk.com/legislation/119-hr-1262)
- [119-hr-842: Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage A…](https://policyrisk.com/legislation/119-hr-842)
- [119-hr-3514: Improving Seniors’ Timely Access to Care Act of 2025](https://policyrisk.com/legislation/119-hr-3514)
- [119-hr-2102: Major Richard Star Act](https://policyrisk.com/legislation/119-hr-2102)
- [119-hr-2089: Generating Retirement Ownership through Long-Term Holding](https://policyrisk.com/legislation/119-hr-2089)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-2872 (as of 2026-07-19).