August 19, 2025
Mr. Vindman (for himself and Mr. Fallon) introduced the following bill; which was referred to the Committee on Agriculture
To allow the Farm Credit Administration the option to examine low-risk Farm Credit System institutions under a 24-month cycle.
Section 1. Short title
This Act may be cited as the Farm Credit Adjustment Act
.
Sec. 2. Farm Credit Administration option to examine low risk Farm Credit System institutions on a 24-month cycle
(a) In general
Section 5.19(a) of the Farm Credit Act of 1971 (12 U.S.C. 2254(a)) is amended in the 1st sentence—
(1)
by striking in no event
and inserting not
; and
(2)
by inserting , except that the Farm Credit Administration, in its sole discretion, may extend the time period between mandatory examinations of institutions deemed by the Farm Credit Administration to be low-risk institutions to not more than 24 months
before the period.
(b) Effective date
The amendments made by subsection (a) shall take effect on October 1, 2026.