H.R. 7085 Reported by committee 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.

  1. Introduced
  2. Committee
  3. Passed House
  4. Passed Senate
  5. To President
  6. Became law
Sponsor Rep. Huizenga, Bill [R-MI-4] Introduced January 15, 2026 Cosponsors 0 Latest action March 19, 2026

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.)

Summary by the Congressional Research Service, Library of Congress.

Congress.gov

Actions

  1. Mar 19, 2026 Placed on the Union Calendar, Calendar No. 481.
  2. Mar 19, 2026 Reported (Amended) by the Committee on Financial Services. H. Rept. 119-560.
  3. Jan 22, 2026 Ordered to be Reported (Amended) by the Yeas and Nays: 30 - 24.
  4. Jan 22, 2026 Committee Consideration and Mark-up Session Held
  5. Jan 15, 2026 Referred to the House Committee on Financial Services.
  6. Jan 15, 2026 Introduced in House

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