Proposed
Bill · 119th Congress · S 4655
Farm Credit Adjustment Act
Refreshed 3 h ago
Introduced 2026-06-02Topic: agriculture food · economy jobs · governance ethicsSummary
Summary by the Congressional Research ServiceFarm Credit Adjustment Act This bill allows the Farm Credit Administration (FCA) to examine low-risk Farm Credit System institutions every 24 months. Specifically, FCA has the sole discretion to extend the currently mandated 18-month examination period for all institutions to 24 months for low-risk institutions. FCA regulates the Farm Credit System, which is a network of borrower-owned lending institutions that operates as a government-sponsored enterprise and makes loans to creditworthy farmers.
Sponsors
- John Cornyn Republican sponsor
- 1 cosponsors
Action history
| Date | Chamber | Action | Status effect |
|---|---|---|---|
| 2026-06-02 | Senate | Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. | refer |
| 2026-06-02 | Introduced in Senate | introduce |