Farm Credit Adjustment Act
Sponsored By: Representative Vindman, Eugene Simon [D-VA-7]
Introduced
Summary
Allows the Farm Credit Administration to extend mandatory examinations for low-risk Farm Credit System institutions up to 24 months. The Farm Credit Adjustment Act would amend Section 5.19(a) of the Farm Credit Act of 1971 so the FCA, in its sole discretion, may lengthen the interval between mandatory exams for institutions it deems low-risk to no more than 24 months. The change would take effect October 1, 2026.
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
Longer exam cycle for farm lenders
If enacted, the Farm Credit Administration could space out exams for farm credit lenders it deems low-risk. It could extend the required exam cycle to as long as 24 months. Any extension would be at the agency’s discretion and not automatic. The change would start on October 1, 2026. Borrowers could see small indirect effects on costs or oversight.
Sponsors & CoSponsors
Sponsor
Vindman, Eugene Simon [D-VA-7]
VA • D
Cosponsors
Rep. Fallon, Pat [R-TX-4]
TX • R
Sponsored 8/19/2025
Rep. Jackson, Ronny [R-TX-13]
TX • R
Sponsored 9/8/2025
McGuire
VA • R
Sponsored 9/9/2025
Bishop
GA • D
Sponsored 9/16/2025
Rep. Moore, Barry [R-AL-1]
AL • R
Sponsored 9/16/2025
Rep. Comer, James [R-KY-1]
KY • R
Sponsored 9/18/2025
Pfluger
TX • R
Sponsored 10/14/2025
Rep. McClain Delaney, April [D-MD-6]
MD • D
Sponsored 11/19/2025
Gray
CA • D
Sponsored 11/20/2025
Rep. Figures, Shomari [D-AL-2]
AL • D
Sponsored 12/15/2025
Rescom. Hernández, Pablo Jose [D-PR-At Large]
PR • D
Sponsored 12/15/2025
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov