H.R. 7085 · Where this bill is now
Waiting for a House vote
Approved by committee Mar 19, 2026; no House vote yet
What this bill does
In plain words · AI-written from the official summaryRemoves conflict minerals reporting rules
Right now, large publicly traded companies have to report every year whether certain minerals in their products—tin, tungsten, tantalum, or gold—come from the Democratic Republic of the Congo or surrounding areas. They also have to investigate whether these minerals are funding armed groups in those regions. This bill would get rid of those reporting and investigation requirements.
How it affects you
This change mainly affects publicly traded companies and their shareholders, who would no longer need to research and disclose where certain minerals come from or whether they're connected to armed conflict. Consumers and human rights advocates who relied on this information to make purchasing decisions would lose access to those details, but the bill itself doesn't directly change what companies can or cannot buy.
Read the official summary (Reported to House, Mar 19, 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.)
Written by AI (Claude) using only the official summary by the Congressional Research Service, the Library of Congress’s nonpartisan research staff. It can miss nuance, so check the official summary and the bill text for details.
2nd SessionH. 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.
Sponsor: Rep. Bill Huizenga (R-MI-4) · Introduced Jan 15, 2026 · Finance and Financial Sector · 2 versions of the text
Sources: Congress.gov actions and votes · bill text from GovInfo · latest official action Mar 19, 2026: “Placed on the Union Calendar, Calendar No. 481.”
Sections
The wording of this bill hasn’t changed across its 2 official versions.