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Bill > S1682

MA S1682

MA S1682
Relative to Congo conflict minerals

summary

Introduced
04/15/2015
In Committee
07/26/2016
Crossed Over
Passed
Dead
07/31/2016

Introduced Session

189th General Court

Bill Summary

For legislation relative to Congo conflict minerals. State Administration and Regulatory Oversight.

AI Summary

This bill, titled "Relative to Congo conflict minerals," aims to prevent companies that engage in problematic practices related to conflict minerals from contracting with state agencies. It defines "conflict minerals" as those originating from the Democratic Republic of Congo (DRC) or its adjoining countries, specifically columbite-tantalite, cassiterite, wolframite, and gold, which have been linked to financing armed conflict, human rights violations, and environmental damage. The bill establishes that a "scrutinized company," which is a company required to disclose information about its use of these minerals under Section 13(p) of the Securities and Exchange Act of 1934 and has either made an "unreliable determination," reported false information, failed to file a required report, or been found by the Securities and Exchange Commission (SEC) to not meet due diligence requirements, will be ineligible to bid on or propose contracts with state agencies for goods or services. This provision is intended to align with the goals of the Dodd-Frank Wall Street Reform and Consumer Protection Act, which also addresses conflict minerals, and will become inoperative on a date specified by federal law related to the termination of disclosure requirements.

Committee Categories

Budget and Finance, Government Affairs

Sponsors (50)

Thomas McGee (D)*,  Cory Atkins (D),  Ruth Balser (D),  Mike Barrett (D),  Paul Brodeur (D),  Will Brownsberger (D),  Sonia Chang-Díaz (D),  Marjorie Decker (D),  Marcos Devers (D),  Sal DiDomenico (D),  Kenneth Donnelly (D),  Lori Ehrlich (D),  Jamie Eldridge (D),  Linda Forry (D),  Gloria Fox (D),  Bill Galvin (D),  Anne Gobi (D),  Danielle Gregoire (D),  Jonathan Hecht (D),  Robert Hedlund (R),  Paul Heroux (D),  Bradford Hill (R),  Russell Holmes (D),  Dan Hunt (D),  Pat Jehlen (D),  Brad Jones (R),  Mary Keefe (D),  Kay Khan (D),  Barbara L'Italien (D),  Jason Lewis (D),  Jay Livingstone (D),  Timothy Madden (D),  Elizabeth Malia (D),  Paul Mark (D),  Paul McMurtry (D),  Frank Moran (D),  Harold Naughton (D),  Kathleen O'Connor Ives (D),  Anthony Petruccelli (D),  Elizabeth Poirier (R),  Denise Provost (D),  Dave Rogers (D),  Byron Rushing (D),  Tom Sannicandro (D),  Frank Smizik (D),  Benjamin Swan (D),  Bruce Tarr (R),  José Tosado (D),  Aaron Vega (D),  Chris Walsh (D), 

Last Action

New draft substituted, see S2463 (on 07/26/2016)
(5 Companion Bills)

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Document Type Source Location
State Bill Page https://malegislature.gov/Bills/189/S1682
Bill https://malegislature.gov/Bills/189/S1682.pdf
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