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S. 4655

Referred to Committee

Farm Credit Adjustment Act

Introduced 6/2/2026•119th Congress•Senate

Latest Action

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

6/2/2026 • Senate

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.

Introduced in Senate • 6/2/2026

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Topics & Subjects

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Related Federal Spending

Sponsor & Cosponsors (2)

Party Breakdown

1
Democrats
1
Republicans
0
Independents

Sponsor

S[
Sen. Cornyn, John [R-TX]

Republican • TX

Sponsored 6/2/2026

Cosponsors (1)

S[
Sen. Kaine, Tim [D-VA]

D-VA

Joined 6/2/2026

Bill Journey

Originated in the Senate

Introduced

June 2, 2026

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

Committee Review

Floor Debate

Passed Chamber

Other Chamber

President

Enacted into Law

Text Versions (1)

Introduced in Senate6/2/2026

Details

Bill TypeS
Current StatusReferred to Committee
Cosponsors1