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H.R. 7085

U.S. HouseHouse Floor Calendar

Summary

H.R. 7085, the To amend the Securities Exchange Act of 1934 to repeal certain disclosure requirements related to conflict minerals, and for other purposes, was introduced in the House on Jan 15, 2026 by Rep. Bill Huizenga (R). It last saw action on Mar 19, 2026: Placed on the Union Calendar, Calendar No. 481.


Record

Text

H.R. 7085 has no co-sponsors and has not gone to a roll call.

hb7085/introduced-in-house.txt
119 HR 7085 IH: To amend the Securities Exchange Act of 1934 to repeal certain disclosure requirements related to conflict minerals, and for other purposes.
U.S. House of Representatives
2026-01-15
text/xml
EN
Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
I 119th CONGRESS
2d Session H. R. 7085 IN THE HOUSE OF REPRESENTATIVES January 15, 2026 Mr. Huizenga introduced the following bill; which was referred to the Committee on Financial Services A BILL
To amend the Securities Exchange Act of 1934 to repeal certain disclosure requirements related to conflict minerals, and for other purposes.
1.
Repeal of conflict mineral requirements
(a)
In general
Subsection (p) of section 13 of the Securities Exchange Act of 1934 ( 15 U.S.C. 78m ) is hereby repealed.
(b)
Conforming amendments
The Dodd-Frank Wall Street Reform and Consumer Protection Act ( 12 U.S.C. 5301 et seq. ) is amended—
(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.

Tracker

The tracker indicates the progress of this legislation as it moves through the legislative process.

  1. Introduced2026-01-15
  2. Passed House
  3. Passed Senate
  4. Conference
  5. To President
  6. Became Law

CRS Summary

The summaries are the Congressional Research Service’s, one per stage. Read them in full.

Reported to House Mar 19, 2026

hb7085/reported-to-house.md

Shown Here:
Reported to House (03/19/2026)

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.)

Sponsors

Rep. Bill Huizenga (R) sponsors H.R. 7085 alone.

Committees

H.R. 7085 went before 1 committee: Financial Services.

Financial Services
Financial Services
Reported By · Mar 19, 2026 · 559 Bills

Reports

1 committee report has been filed on H.R. 7085, the latest H. Rept. 119-560.

  • H. Rept. 119-560 — TO AMEND THE SECURITIES EXCHANGE ACT OF 1934 TO REPEAL CERTAIN DISCLOSURE REQUIREMENTS RELATED TO CONFLICT MINERALS, AND FOR OTHER PURPOSES

Actions

H.R. 7085 has taken 6 actions since Jan 15, 2026, the latest on Mar 19, 2026.

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

Votes

H.R. 7085 has not gone to a roll call.

Titles

H.R. 7085 goes by 2 titles.

  • To amend the Securities Exchange Act of 1934 to repeal certain disclosure requirements related to conflict minerals, and for other purposes. — Official Title as Introduced
  • To amend the Securities Exchange Act of 1934 to repeal certain disclosure requirements related to conflict minerals, and for other purposes. — Display Title

Cost estimate

The Congressional Budget Office has filed 1 estimate for H.R. 7085, the latest on Feb 27, 2026.


Lobbying

2 clients hired 2 firms and 96 registered lobbyists who named H.R. 7085 in 5 quarterly filings, 2026. Reported under the Lobbying Disclosure Act; a filing’s income covers everything its registrant worked that quarter, so the amounts below are the filings’, not this bill’s.

Filed under Banking, Budget/Appropriations, Financial Institutions/Investments/Securities, Health Issues, Housing, Taxation/Internal Revenue Code, Government Issues, Aerospace.

Clients

Who paid to be heard, by how many filings named the bill.

ClientBusinessStateFirmsFilingsReported
CHAMBER OF COMMERCE OF THE U.S.A.District of Columbia13
AMERICANS FOR FINANCIAL REFORMDistrict of Columbia12

Firms

Registrants who filed on the bill, by filings.

RegistrantClientsFilingsReported
CHAMBER OF COMMERCE OF THE U.S.A.13
AMERICANS FOR FINANCIAL REFORM12

Lobbyists

Named on the filings that cite the bill. The 20 named most often, of 96.

Filings

The documents themselves, on the Senate’s Lobbying Disclosure site, largest reported first.

ClientRegistrantPeriodReportedDocument
CHAMBER OF COMMERCE OF THE U.S.A.CHAMBER OF COMMERCE OF THE U.S.A.2026 first_quarter$19.8M1st Quarter - Amendme…
CHAMBER OF COMMERCE OF THE U.S.A.CHAMBER OF COMMERCE OF THE U.S.A.2026 first_quarter$19.8M1st Quarter - Report
CHAMBER OF COMMERCE OF THE U.S.A.CHAMBER OF COMMERCE OF THE U.S.A.2026 second_quarter$17M2nd Quarter - Report
AMERICANS FOR FINANCIAL REFORMAMERICANS FOR FINANCIAL REFORM2026 first_quarter$150K1st Quarter - Report
AMERICANS FOR FINANCIAL REFORMAMERICANS FOR FINANCIAL REFORM2026 first_quarter$120K1st Quarter - Amendme…

Classification

The Congressional Research Service files H.R. 7085 under Finance and Financial Sector, one of its 31 policy areas, and gives it 6 legislative subjects.

CRS Subjects

CRS assigns every bill one policy area from its 31; H.R. 7085’s is Finance and Financial Sector.

hr7085/policy-areas.txt
Finance and Financial SectorAgriculture and FoodAnimalsArmed Forces and National SecurityArts, Culture, ReligionCivil Rights and Liberties, Minority IssuesCommerceCongressCrime and Law EnforcementEconomics and Public FinanceEducationEmergency ManagementEnergyEnvironmental ProtectionFamiliesForeign Trade and International FinanceGovernment Operations and PoliticsHealthHousing and Community DevelopmentImmigrationInternational AffairsLabor and EmploymentLawNative AmericansPublic Lands and Natural ResourcesScience, Technology, CommunicationsSocial WelfareSports and RecreationTaxationTransportation and Public WorksWater Resources Development

Legislative Subjects

H.R. 7085 carries 6 of CRS’s legislative subjects, from Administrative law and regulatory procedures to Securities and Exchange Commission (SEC).

hr7085/subjects.txt
Administrative law and regulatory proceduresBusiness recordsConflicts and warsMetalsMiningSecurities and Exchange Commission (SEC)

Constitutional authority

The clause the sponsor cites as Congress’s power to enact H.R. 7085, as entered in the Congressional Record.

[Congressional Record Volume 172, Number 11 (Thursday, January 15, 2026)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. HUIZENGA:H.R. 7085.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 3 (relating to the power toregulate interstate commerce).[Page H920]

Source: congress.gov · legiscan.com