S. 4655 Introduced Agriculture and Food

Farm Credit Adjustment Act

A bill to allow the Farm Credit Administration the option to examine low-risk Farm Credit System institutions under a 24-month cycle.

  1. Introduced
  2. Committee
  3. Passed Senate
  4. Passed House
  5. To President
  6. Became law
Sponsor Sen. Cornyn, John [R-TX] Introduced June 2, 2026 Cosponsors 1 (1 D) Latest action June 2, 2026

Summary

Farm 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.

Summary by the Congressional Research Service, Library of Congress.

Congress.gov

Actions

  1. Jun 2, 2026 Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
  2. Jun 2, 2026 Introduced in Senate

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