1. Short title This Act may be cited as the Coronavirus Guidance for Financial Institutions Act . 2. Findings; sense of Congress related to the Coronavirus (a) Findings The Congress finds the following: (1) On March 9, 2020, six Federal and State financial regulators, including the Federal Deposit Insurance Corporation, the Bureau of Consumer Financial Protection, the Conference of State Banking Supervisors, the Board of Governors of the Federal Reserve System, the National Credit Union Administration, and the Office of the Comptroller of the Currency issued a joint release encouraging financial institutions to meet the needs of their customers and members affected by the Coronavirus. (2) On March 11, 2020, the World Health Organization declared the Coronavirus a global pandemic. (b) Sense of Congress It is the sense of Congress that Federal and State financial regulators acted in a thoughtful and expedient manner to assist customers who may be affected by the Coronavirus. (c) Coronavirus defined In this section, the term Coronavirus means the Coronavirus Disease 2019 (COVID–19). 3. Report to Congress (a) In general After the end of the 1-year period beginning on the date of enactment of this Act, the Federal financial regulators shall, jointly, issue a report to Congress containing an analysis of the impact and effectiveness of the joint release described under section 2(a)(1). (b) Federal financial regulators defined In this section, the term Federal financial regulators means the Board of Governors of the Federal Reserve System, the Bureau of Consumer Financial Protection, the Comptroller of the Currency, the Federal Deposit Insurance Corporation, and the National Credit Union Administration.