To amend the Securities Exchange Act of 1934 to repeal certain disclosure requirements related to conflict minerals, and for other purposes.
Sponsored By: Representative Huizenga
In Committee
Summary
Repeals the federal conflict minerals disclosure regime. This bill would repeal subsection (p) of section 13 of the Securities Exchange Act of 1934 and strike section 1502 of the Dodd-Frank Act, eliminating the conflict minerals disclosure requirements that applied to reporting issuers under the Securities Exchange Act.
Your PRIA Score
Personalized for You
How does this bill affect your finances?
Sign up for a PRIA Policy Scan to see your personalized alignment score for this bill and every other piece of legislation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.
Bill Overview
Analyzed Economic Effects
1 provisions identified: 0 benefits, 0 costs, 1 mixed.
Remove conflict minerals reporting for companies
This bill would eliminate the federal conflict minerals disclosure regime for companies that file reports under the Securities Exchange Act. The bill would repeal subsection (p) of section 13 of the Exchange Act. It would also strike section 1502 of the Dodd-Frank Act and remove the related table-of-contents entry. If enacted, this would lower compliance and reporting costs for affected companies and some upstream suppliers. If enacted, it would also reduce transparency for investors, consumers, and downstream purchasers about supply-chain risks. The repeal would take effect upon enactment.
Sponsors & CoSponsors
Sponsor
Huizenga
MI • R
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
No roll call votes available for this bill.
View on Congress.govTake It Personal
Get Your Personalized Policy View
Start a Free Government Policy Watch to see how policy affects your household, then upgrade to PRIA Full Coverage for year-round monitoring.
Already have an account? Sign in