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

# Summary of HR 7085 **What the Bill Would Do** HR 7085 would eliminate federal rules requiring companies to disclose information about "conflict minerals" in their supply chains. Currently, the SEC requires certain publicly traded companies to report whether their products contain minerals like tin, tantalum, tungsten, or gold sourced from conflict-affected regions (primarily in Central Africa). These disclosure rules were created to prevent funding of armed groups involved in regional conflicts. If passed, companies would no longer need to make these disclosures to the SEC or the public. **Who It Affects and Key Provisions** The bill primarily affects large manufacturers and retailers whose products contain these minerals—including electronics, jewelry, and defense contractors. It also impacts investors and consumers who currently rely on these disclosure rules to understand supply chain practices.

The legislation would repeal the existing reporting requirements without establishing alternative monitoring mechanisms. Supporters argue the rules are burdensome for businesses; critics contend the disclosures help combat financing of armed conflicts and meet consumer demand for ethical sourcing. **Current Status** The bill is currently in committee and has not yet been voted on by the full House. It was introduced in the 119th Congress by Rep. Bill Huizenga (R-MI).