LEGISLATION/H.R. 7085

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

119-HR-7085119th CongressIntroduced Jan 15, 2026Finance and Financial Sector
Market Probability
No market
Status
Introduced
Committee
Floor Vote
Other Chamber
Signed
Placed on the Union Calendar, Calendar No. 481.

Sponsor

Rep. Huizenga, Bill [R-MI-4](R-MI-4)

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.)

Subjects

Administrative law and regulatory proceduresBusiness recordsConflicts and warsMetalsMiningSecurities and Exchange Commission (SEC)

Actions (8)

Placed on the Union Calendar, Calendar No. 481.
Mar 19, 2026House floor actions
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-560.
Mar 19, 2026House floor actions
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-560.
Mar 19, 2026Library of Congress
Ordered to be Reported (Amended) by the Yeas and Nays: 30 - 24.
Jan 22, 2026House committee actions
Committee Consideration and Mark-up Session Held
Jan 22, 2026House committee actions
Referred to the House Committee on Financial Services.
Jan 15, 2026House floor actions
Introduced in House
Jan 15, 2026Library of Congress
Introduced in House
Jan 15, 2026Library of Congress