119:hr:7085 — To amend the Securities Exchange Act of 1934 to repeal certain disclosure requirements related to conflict minerals, and for other purposes.

Sponsor

Introduced by

Bill Huizenga

R Republican · House · MI-04 R+3

Chair · South and Central Asia (sub)

Latest action

Placed on the Union Calendar, Calendar No. 481.

Action timeline

Every recorded action on this bill, newest first. Stage badges color-code the legislative path.

Mar 19, 2026

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

Financial Services Committee

Mar 19, 2026

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

Jan 22, 2026

committee Committee Consideration and Mark-up Session Held

Financial Services Committee

Jan 22, 2026

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

Financial Services Committee

Jan 15, 2026

introduced Introduced in House

Text versions

Each stage of the bill — official text published by GPO. Click any format to read on congress.gov / govinfo.

Mar 19, 2026 Reported in House

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Jan 15, 2026 Introduced in House

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CRS summaries

Plain-English summaries written by the Congressional Research Service — neutral, nonpartisan staff who summarize bills as they advance through stages. The authoritative description of what each version of the bill does.

07 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.)

via Congressional Research Service · published through congress.gov

Changelog

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`rfh` / `rfs` — Referred to a committee for review.

`rh` / `rs` — Reported back by the committee to the floor (often with amendments — this is where most language changes happen).

`pcs` / `pch` — Placed on Calendar for floor consideration.

`eh` / `es` — Engrossed. Passed by the originating chamber. Text is now what was actually voted on.

`rdh` / `rds` — Received by the other chamber.

`eah` / `eas` — Engrossed Amendment. The other chamber passed an amended version.

`ath` / `ats` — Agreed to. Both chambers settled on the same text.

`enr` — Enrolled. Final reconciled text, sent to the President.

`pl` — Public Law. Signed by the President. It's now law.

`pp` — Public Print. Official printing post-enactment.

Most bills die before `eh`/`es`. Going from `pcs` → `enr` is the full path through both chambers.

Line-level diff between text versions of this bill — what actually changed at each legislative stage.

+38 −3 25 unchanged

--- Introduced (House)

+++ Reported (House)

@@ -1,11 +1,14 @@

[From the U.S. Government Publishing Office]

-[H.R. 7085 Introduced in House (IH)]

+[H.R. 7085 Reported in House (RH)]

<DOC>

+Union Calendar No. 481

119th CONGRESS

2d Session

H. R. 7085

+

+[Report No. 119-560]

To amend the Securities Exchange Act of 1934 to repeal certain

disclosure requirements related to conflict minerals, and for other

@@ -20,6 +23,15 @@

Mr. Huizenga introduced the following bill; which was referred to the

Committee on Financial Services

+March 19, 2026

+

+Reported with an amendment, committed to the Committee of the Whole

+House on the State of the Union, and ordered to be printed

+[Strike out all after the enacting clause and insert the part printed

+in italic]

+[For text of introduced bill, see copy of bill as introduced on January

+15, 2026]

+

_______________________________________________________________________

A BILL

@@ -31,7 +43,7 @@

Be it enacted by the Senate and House of Representatives of the

United States of America in Congress assembled,

-SECTION 1. REPEAL OF CONFLICT MINERAL REQUIREMENTS.

+SECTION 1. REPEAL OF CONFLICT MINERAL DISCLOSURE REQUIREMENTS.

(a) In General.--Subsection (p) of section 13 of the Securities

Exchange Act of 1934 (15 U.S.C. 78m) is hereby repealed.

@@ -40,4 +52,27 @@

(1) by striking section 1502; and

(2) in the table of contents in section 1(b) of such Act,

by striking the item relating to section 1502.

-<all>

+Union Calendar No. 481

+

+119th CONGRESS

+

+2d Session

+

+H. R. 7085

+

+[Report No. 119-560]

+

+_______________________________________________________________________

+

+A BILL

+

+To amend the Securities Exchange Act of 1934 to repeal certain

+disclosure requirements related to conflict minerals, and for other

+purposes.

+

+_______________________________________________________________________

+

+March 19, 2026

+

+Reported with an amendment, committed to the Committee of the Whole

+House on the State of the Union, and ordered to be printed

Lobbying activity

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CHAMBER OF COMMERCE OF THE U.S.A.

FIN

1

filings · 2026 Q1

AMERICANS FOR FINANCIAL REFORM

FIN

1

filings · 2026 Q1

via Senate LDA · self-reported quarterly. Filing count = filings mentioning this bill (no position required), not money spent on it. Click a client to see all bills they've filed on.