Farm Credit Adjustment Act

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.

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Timeline

1. 2 June 2026

   Introduced

   Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

   Source: IntroReferral

2. 2 June 2026

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

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Versions

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Documents

2 official files

• Introduced in Senate

  Introduced in Senate · EN · 2 June 2026

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 2 June 2026

  Open at official source

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Sponsors

• Sen. Cornyn, John [R-TX] · R · Sponsor
• Sen. Kaine, Tim [D-VA] · D · Sponsor
• · ssaf00 · Standing

Related records

• related to → Farm Credit Adjustment Act
• related to → Farm, Food, and National Security Act of 2026