Farm Credit Adjustment Act
Sponsored By: Senator Cornyn, John [R-TX]
Introduced
Summary
Extend examination intervals for low-risk Farm Credit System institutions to as long as 24 months. This bill would let the Farm Credit Administration optionally lengthen the time between mandatory exams for institutions it designates as low-risk.
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 0 benefits, 0 costs, 1 mixed.
Longer exam gaps for farm lenders
If enacted, this bill would let the Farm Credit Administration, in its sole discretion, extend the time between mandatory examinations for Farm Credit System institutions the FCA designates as low-risk to up to 24 months. The change would amend the Farm Credit Act and would take effect on October 1, 2026. Farm Credit institutions labeled low-risk would face fewer mandatory exams and would likely see lower compliance burdens. Borrowers and other stakeholders would see indirect effects from less frequent oversight.
Sponsors & CoSponsors
Sponsor
Cornyn, John [R-TX]
TX • R
Cosponsors
Sen. Kaine, Tim [D-VA]
VA • D
Sponsored 6/2/2026
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov