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Bill · 119th Congress · HR 7085
To amend the Securities Exchange Act of 1934 to repeal certain disclosure requirements related to conflict minerals, and for other purposes.
Refreshed 2 h ago
Introduced 2026-01-15Topic: economy jobs · governance ethicsSummary
Summary by the Congressional Research ServiceThis bill repeals reporting requirements related to the use of certain minerals from the Democratic Republic of the Congo (DRC) and the surrounding area by publicly traded companies. Currently, publicly traded companies must annually make disclosures if certain minerals (tin, tungsten, tantalum, or gold) are necessary to the functionality or production of a product manufactured by the company. As part of the reporting process, companies must determine if such minerals are from the DRC or the surrounding area and exercise due diligence to determine if the minerals are DRC conflict free, not found to be DRC conflict free, or are unable to be classified. (DRC conflict free means the minerals do not finance or benefit armed groups in the DRC or an adjoining country.)
Sponsors
- Bill Huizenga Republican sponsor
- 0 cosponsors
Action history
| Date | Chamber | Action | Status effect |
|---|---|---|---|
| 2026-03-19 | House | Placed on the Union Calendar, Calendar No. 481. | |
| 2026-03-19 | House | Reported (Amended) by the Committee on Financial Services. H. Rept. 119-560. | report |
| 2026-03-19 | Reported (Amended) by the Committee on Financial Services. H. Rept. 119-560. | report | |
| 2026-01-22 | House | Ordered to be Reported (Amended) by the Yeas and Nays: 30 - 24. | refer |
| 2026-01-22 | House | Committee Consideration and Mark-up Session Held | refer |
| 2026-01-15 | House | Referred to the House Committee on Financial Services. | refer |
| 2026-01-15 | Introduced in House | introduce | |
| 2026-01-15 | Introduced in House | introduce |