H.R. 7085 explained · 119th Congress · Pending in Congress
To amend the Securities Exchange Act of 1934 to repeal certain disclosure requirements related to conflict minerals, and for other purposes.
Cosponsors: none · per Congress.gov, 2026-10-09
Introduced: 2026-01-15
Latest action (2026-03-19): Placed on the Union Calendar, Calendar No. 481.
What H.R. 7085 does, in plain terms
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.)
Official summary by the Congressional Research Service, via Congress.gov.
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