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

Key Points

• Congress would remove a rule that makes certain public companies disclose whether products contain “conflict minerals.”
• This would roll back a disclosure requirement tied to a financial reform law, meaning less public reporting about these minerals in supply chains.
• Companies that used the rule may face less paperwork and fewer reporting costs, but investors and shoppers may get less information.
• The bill focuses on deleting the disclosure requirement; it does not create a new replacement reporting system in this text.

Impact Analysis

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