# 119-hr-5983: National Resilience and Recovery Fund Act

119-hr-5983, National Resilience and Recovery Fund Act, is a 119th Congress bill sponsored by Rep. Stansbury, Melanie A. [D-NM-1] (D-NM); status introduced; PRIA reads it as touching household money (as of 2026-04-21).

- Canonical: https://policyrisk.com/legislation/119-hr-5983
- As of: 2026-04-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-5983
- Congress: 119
- Title: National Resilience and Recovery Fund Act
- Status: introduced
- Introduced: 2025-11-07
- Sponsor: Rep. Stansbury, Melanie A. [D-NM-1] (D-NM)
- Cosponsors: 6
- Policy area: Taxation
- Touches household money: yes
- Last recorded action: 2026-04-21

## Summary

**National Resilience and Recovery Fund** would be created as a Treasury trust to bankroll FEMA resilience and disaster recovery programs using receipts from new and adjusted oil-related taxes. The bill directs specific oil excise receipts and a new windfall tax into the Fund for FEMA to use by appropriation. - Communities and households: Would make funding available for FEMA’s Hazard Mitigation Grant Program, Building Resilient Infrastructure and Communities grants, Flood Mitigation Assistance, and the Safeguarding Tomorrow Revolving Loan Fund to support projects that reduce disaster and flood risk. - Oil and gas producers and importers: Imposes a quarterly windfall profits tax equal to 50 percent of the amount the Brent crude price exceeds the 2015–2019 average for that quarter, with cost-of-living adjustments after 2025. - Large oil firms: Treats firms as "covered taxpayers" if they exceeded 300,000 barrels per day in 2023 or in the relevant quarter, which determines who owes the windfall tax. - Gulf of Mexico producers: Creates a separate 13 percent severance tax on crude oil and natural gas removed from Federal submerged lands in the Gulf of Mexico, with a credit for royalties up to the tax amount and the producer responsible for payment. - Tax and definitions changes: Broadens the definition of "crude oil" for excise purposes to include condensates, bitumen, tar sands oil, and oil from kerogen sources. It also adds a 10 cent per barrel financing rate into the existing environmental tax framework. - Tax treatment for companies: Allows deduction of the new windfall tax and the Gulf severance tax as severance-related expenses for tax purposes.

## Cosponsors (6)

- Rep. Balint, Becca [D-VT-At Large] (D-VT), 2025-11-07T00:00:00.000Z
- Rep. Huffman, Jared [D-CA-2] (D-CA), 2025-11-07T00:00:00.000Z
- Rep. Carson, André [D-IN-7] (D-IN), 2025-11-07T00:00:00.000Z
- Del. Norton, Eleanor Holmes [D-DC-At Large] (D-DC), 2025-11-07T00:00:00.000Z
- Rep. Goldman, Daniel S. [D-NY-10] (D-NY), 2025-11-12T00:00:00.000Z
- Rep. Jayapal, Pramila [D-WA-7] (D-WA), 2025-12-16T00:00:00.000Z

## Provisions PRIA read

- New disaster resilience fund at FEMA: benefit, high. This bill would create a Treasury trust fund for disaster resilience and recovery. The fund would receive money from specific oil and gas taxes. Congress would still need to approve spending each year. FEMA would use the money for hazard mitigation grants, resilience grants, resilience loans, and f…
- Windfall tax on large oil companies: cost, high. Large oil producers and importers would pay a quarterly windfall tax. It would equal 50% of how much the quarter’s average Brent price is above the 2015–2019 average. It would apply if a company exceeded 300,000 barrels per day in 2023 or in the quarter. A cost‑of‑living update would apply for quar…
- Broader crude oil definition for taxes: cost, medium. If enacted, more fuels would count as crude oil for excise tax rules. The list would include condensates, natural gasoline, bitumen and tar sands, and oil from oil shale. The Secretary could also add other fuel feedstocks or products by rule if they meet safety and volume tests. This would take eff…
- Extra 10-cent per barrel oil tax: cost, low. The bill would add a new 10‑cent per barrel financing amount to an existing oil excise tax. Companies that owe the section 4611 tax would pay this extra amount on each barrel. This would apply to tax years starting after December 31, 2024.
- New 13% Gulf oil tax with deduction: mixed, high. Producers on Gulf Outer Continental Shelf leases would pay a new 13% tax on oil and gas they remove. The tax would be based on the sale price per barrel of oil or per 1,000 cubic feet of gas. Producers could claim a credit for federal royalties paid, but not more than the tax for that period. The p…

## Related bills

- 119-hr-9877: Health Equity and Accountability Act of 2026
- 119-hr-7977: Energy Bills Relief Act
- 119-hr-7973: Momnibus Act
- 119-hr-3971: Domestic Workers Bill of Rights Act
- 119-hr-3069: Medicare for All Act
- 119-hr-7853: PrEP Access and Coverage Act of 2026

## Sources
- [119-hr-5983 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/5983)

## Related
- [119-hr-9877: Health Equity and Accountability Act of 2026](https://policyrisk.com/legislation/119-hr-9877)
- [119-hr-7977: Energy Bills Relief Act](https://policyrisk.com/legislation/119-hr-7977)
- [119-hr-7973: Momnibus Act](https://policyrisk.com/legislation/119-hr-7973)
- [119-hr-3971: Domestic Workers Bill of Rights Act](https://policyrisk.com/legislation/119-hr-3971)
- [119-hr-3069: Medicare for All Act](https://policyrisk.com/legislation/119-hr-3069)
- [119-hr-7853: PrEP Access and Coverage Act of 2026](https://policyrisk.com/legislation/119-hr-7853)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-5983 (as of 2026-04-21).