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HR 5983119th CongressIn Committee
National Resilience and Recovery Fund Act
Introduced: Nov 7, 2025
Sponsor: Rep. Stansbury, Melanie A. [D-NM-1] (D-New Mexico)
Standard Summary
Comprehensive overview in 1-2 paragraphs
The National Resilience and Recovery Fund Act establishes a new trust fund financed by energy taxes to support disaster resilience programs.
Key Points
- 1Creates National Resilience and Recovery Fund in U.S. Treasury
- 2Funds sourced from Gulf of Mexico offshore drilling taxes, crude oil windfall profits tax, and environmental taxes
- 3Allocates funding to FEMA hazard mitigation and infrastructure programs
- 4Includes 10-cent-per-barrel financing rate for the fund
- 5Imposes new windfall profits tax on crude oil based on price above 2015-2019 average
- 6Adds new excise tax on Gulf of Mexico offshore oil and gas production
Impact Areas
Federal disaster relief programsEnergy industry and producersEnvironmental and climate resilienceFederal budget and taxationCoastal communities and infrastructure
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