119th Congress
H.R. 7085
To amend the Securities Exchange Act of 1934 to repeal certain disclosure requirements related to conflict minerals, and for other purposes.
- Introduced
- In committee
- Passed House
- Passed Senate
- To President
- Became law
- Sponsor
- Bill Huizenga(R-MI)
- Introduced
- Jan 15, 2026
- Policy area
- Finance and Financial Sector
- Committees
- House Committee on Financial Services
- Official text
- Reported in House · Congress.gov page
Cosponsors (0)
No cosponsors.
Summary
Summary by the Congressional Research Service· describes the “Reported to House” version
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.)
Roll-call votes
No recorded votes on this bill.
Actions
- Mar 19, 2026 · House
Placed on the Union Calendar, Calendar No. 481. - Mar 19, 2026 · House
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-560. - Jan 22, 2026
Ordered to be Reported (Amended) by the Yeas and Nays: 30 - 24. - Jan 22, 2026
Committee Consideration and Mark-up Session Held - Jan 15, 2026 · House
Referred to the House Committee on Financial Services. - Jan 15, 2026
Introduced in House