[Congressional Record Volume 162, Number 16 (Wednesday, January 27, 2016)]
[Senate]
[Page S269]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 2990. Mr. REED (for himself and Mr. Cardin) submitted an amendment 
intended to be proposed to amendment SA 2953 proposed by Ms. Murkowski 
to the bill S. 2012, to provide for the modernization of the energy 
policy of the United States, and for other purposes; which was ordered 
to lie on the table; as follows:

       At the end, add the following:

                        TITLE VI--MISCELLANEOUS

     SEC. 6001. SEC INDUSTRY GUIDES.

       (a) Definition.--In this section, the term ``Commission'' 
     means the Securities and Exchange Commission.
       (b) Updates to Industry Guides.--Not later than 180 days 
     after the date of enactment of this Act, the Commission 
     shall--
       (1) update--
       (A) the industry guides described in subsections (d) and 
     (g) of section 229.801 of title 17, Code of Federal 
     Regulations and section 229.802(g) of title 17, Code of 
     Federal Regulations; and
       (B) subpart 229.1200 of title 17, Code of Federal 
     Regulations; and
       (2) in making the updates required under paragraph (1), 
     consider and incorporate appropriate recommendations made in 
     the report entitled ``Climate Strategies and Metrics: 
     Exploring Options for Institutional Investors'', published in 
     2015 by the 2 Degrees Investing Initiative, the World 
     Resources Institute, and the United Nations Environment 
     Programme Finance Initiative.
       (c) Enforcement.--If the Commission fails to meet the 
     deadline under subsection (b), the Chairman of the Commission 
     shall provide a report to and testify before the Committee on 
     Banking, Housing, and Urban Affairs of the Senate and the 
     Committee on Financial Services of the House of 
     Representatives explaining why the Commission failed to meet 
     the deadline.
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