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Bill Detail

H.R. 7085

Congress: 119

Title

To amend the Securities Exchange Act of 1934 to repeal certain disclosure requirements related to conflict minerals, and for other purposes.

Summary

This 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.)

Sponsor

Rep. Bill Huizenga [R-MI-4]

Status

Placed on the Union Calendar, Calendar No. 481.

Status as of Jun 9, 9:52 PM · synced 20d ago

Introduced

2026-01-15

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Bill Engagement

Lobbyists on the case

2 orgs · 36 lobbyists · 2 filings mention H.R. 7085 (To amend the Securities Exchange Act of 1934 to repeal certain disclosure requirements related to conflict minerals, and for other purposes.) in LDA disclosures.
Top orgs filing