119-HR5010
Farm Credit Adjustment Act
Last action was on 8-19-2025
SenateCurrent status is Referred to the House Committee on Agriculture.
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119th CONGRESS
1st Session
H. R. 5010
1. Short title2. Farm Credit Administration option to examine low risk Farm Credit System institutions on a 24-month cycle1. Short title
This Act may be cited as the "Farm Credit Adjustment Act".
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.