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HR 7085 119th Congress House Finance and Financial Sector Administrative law and regulatory procedures Business records Conflicts and wars Metals Mining Securities and Exchange Commission (SEC)

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

Introduced: January 15, 2026 Introduced by: Huizenga, Bill Republican · Michigan See on congress.gov
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 Everywhere this bill has been 6 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 19, 2026
Placed on the Union Calendar, Calendar No. 481.
Mar 19, 2026
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
Referred to the House Committee on Financial Services.
Jan 15, 2026
Introduced in House
 Plain-English summary Congressional Research Service

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.)

What's happening now March 19, 2026

Placed on the Union Calendar, Calendar No. 481.

 Committees of jurisdiction 1