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Farm Credit Adjustment Act

To allow the Farm Credit Administration the option to examine low-risk Farm Credit System institutions under a 24-month cycle.

Introduced Aug 19, 2025

Latest action (Jan 13, 2026) Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.

Referred to
Agriculture Committee
Policy area
Agriculture and Food
Issues
Economy & Taxes

Summary
  • Allows the Farm Credit Administration to extend the mandatory examination cycle for low-risk Farm Credit System institutions to up to 24 months
  • Gives the Farm Credit Administration discretion to determine which institutions qualify as low-risk for purposes of the extended examination period
  • Amendments take effect on October 1, 2026

AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.

Sponsor (1)
12 cosponsors

Money behind the sponsor

Top reported contributors to Eugene Simon Vindman’s campaign committee (2024 cycle) — who funds the bill’s sponsor, not a claim about this bill. Data from FEC.

  • Employer not reported $154,800
  • COVINGTON & BURLING LLP $20,150
  • ARNOLD & PORTER $15,500
  • GOOGLE $13,625
  • STATE OF CALIFORNIA $8,427

Organizations whose employees gave the most — itemized individual contributions grouped by the donor’s reported employer (FEC Schedule A). Full finance for Eugene Simon Vindman → · Outside spending →

Actions (3)
  1. Jan 13, 2026 Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit. · house
  2. Aug 19, 2025 Referred to the House Committee on Agriculture. · house
  3. Aug 19, 2025 Introduced in House

Similar bills (6)

Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.

  • S 4655 — Farm Credit Adjustment Act · Introduced Jun 2, 2026 · Cong. 119 88%
  • HR 1991 — Producer and Agricultural Credit Enhancement Act of 2025 · Introduced Apr 4, 2025 · Cong. 119 81%
  • HR 6720 — FARM Home Loans Act of 2025 · Introduced Jan 13, 2026 · Cong. 119 80%
  • HR 1246 — Investing in Rural America Act of 2025 · Introduced Mar 20, 2025 · Cong. 119 78%
  • S 4182 — FARM Home Loans Act of 2026 · Introduced Mar 24, 2026 · Cong. 119 74%
  • HR 5004 — Next Generation of Farmers Act of 2025 · Introduced Jan 13, 2026 · Cong. 119 73%

Text versions (1)
  • Introduced in House · Aug 19, 2025

Only one text version is on file, so there’s no earlier version to compare against yet.

Full text

IN THE HOUSE OF REPRESENTATIVES

August 19, 2025

Mr. Vindman (for himself and Mr. Fallon) introduced the following bill; which was referred to the Committee on Agriculture

A BILL

To allow the Farm Credit Administration the option to examine low-risk Farm Credit System institutions under a 24-month cycle.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

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. <all>

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