HR 7085 · 119th Congress · Finance and Financial Sector

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

Introduced 2026-01-15· Sponsored by Rep. Huizenga, Bill [R-MI-4]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Placed on the Union Calendar, Calendar No. 481.(2026-03-19)

Plain Language Summary

[AI summary unavailable — showing source text] 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.)…

Summarized by Claude AI · Non-partisan · For informational purposes only

CBO Cost Estimate

Congressional Budget Office

H.R. 7085, a bill to amend the Securities Exchange Act of 1934 to repeal certain disclosure requirements related to conflict minerals, and for other purposes

Feb 27, 2026

As ordered reported by the House Committee on Financial Services on January 22, 2026

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office