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

Progress

Timeline

• Mar 19Placed on the Union Calendar, Calendar No. 481.

Summary

**What this bill does:** This bill would eliminate requirements for companies to report on "conflict minerals" in their products and supply chains. **Who it affects:** - Publicly traded companies that currently must file these reports with the Securities and Exchange Commission (SEC) - Investors who receive this information - Communities in conflict-affected regions where these minerals are mined **What would change:** Currently, companies must disclose whether their products contain certain minerals (tin, tantalum, tungsten, and gold) that may come from the Democratic Republic of Congo or neighboring countries, and whether those minerals help finance armed conflict. If this bill passes, companies would no longer be required to: - Investigate their supply chains for these minerals - File annual reports with the SEC about conflict minerals - Make this information available to investors and the public The bill would remove these reporting requirements that were originally intended to reduce funding for armed groups through mineral trade.

How This Affects You