Federal RuleAug 21
62
DOL Rewrites Disability Rules for 'Merit-Based Opportunity' Push
RuleLabor DepartmentFederal Contract Compliance Programs OfficeSignificant Wallet
119-hr-7085119th CongressWALLET
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, Bill [R-MI-4]
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.
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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, Bill [R-MI-4]
MI • R
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov