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Congress·Reported·H.R. 7085

Congress moves to end conflict minerals disclosure reports for some publicly traded companies

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

2 months ago·View on Congress.gov

Legislative Progress

House
Senate
President
Law

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.
Consumer ProtectionTradeEconomy

Milestones

3 milestones6 actions
Mar 19, 2026House

Placed on the Union Calendar, Calendar No. 481.

Mar 19, 2026House

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

Jan 22, 2026House

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

Jan 22, 2026House

Committee Consideration and Mark-up Session Held

Jan 15, 2026House

Referred to the House Committee on Financial Services.

What Happens Next

Projected impacts based on AI analysis

After the bill passes Congress and is signed into law

Conflict-minerals disclosure requirement is removed from federal securities law

Public companies would no longer be legally required to prepare and file the special conflict-minerals disclosure/report, reducing mandatory paperwork for affected firms.

Weeks to months after enactment

Companies review whether to stop, shrink, or keep voluntary conflict-minerals reporting

Some brands may still publish sourcing info to meet customer demands; others may scale back, which can change what investors and shoppers can easily find.

Source Information

Document Type

Congressional Bill

Official Title

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

Bill NumberHR 7085
Congress119th Congress
ChamberHouse of Representatives
Latest ActionPlaced on the Union Calendar, Calendar No. 481.

Sponsor

Analysis generated by AI. Always verify with official sources.