H.R. 7085

119th Congress

Reported

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

Sponsored byRepublican:Rep. Huizenga, Bill [R-MI-4]MI· Introduced 15 January 2026

0

Cosponsors

8

Actions

0

Amendments

1

Committees

Since introduced

Introduced
Committee
Passed Chamber
Passed Both
Enacted
Step 1 of 0
Latest action

Placed on the Union Calendar, Calendar No. 481.

19 March 2026·4 months ago

Summary

Reported to House · Updated 17 April 2026

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.)

Timeline

8 actions

  1. Reported (Amended) by the Committee on Financial Services. H. Rept. 119-560.

    19 March 2026 · Committee

  2. Placed on the Union Calendar, Calendar No. 481.

    19 March 2026 · Calendars

  3. Reported (Amended) by the Committee on Financial Services. H. Rept. 119-560.

    19 March 2026 · Committee

  4. Committee Consideration and Mark-up Session Held

    22 January 2026 · Committee

  5. Ordered to be Reported (Amended) by the Yeas and Nays: 30 - 24.

    22 January 2026 · Committee

  6. Referred to the House Committee on Financial Services.

    15 January 2026 · IntroReferral

  7. Introduced in House

    15 January 2026 · IntroReferral

  8. Introduced in House

    15 January 2026 · IntroReferral

Sponsorship

0 cosponsors

Sponsor

Republican:Rep. Huizenga, Bill [R-MI-4]MI

Classification

Policy area

Finance and Financial Sector

Legislative subjects

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

Committees

1

  • Financial Services Committee

    House · Standing

    • Referred To15 Jan 2026
    • Markup By22 Jan 2026
    • Reported By19 Mar 2026
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