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Farm Credit Adjustment Act

6/15/2026, 7:05 PM

Summary of Bill S 4655

This bill, identified as S. 4655 in the 119th Congress and introduced on June 2, 2026, aims to provide the Farm Credit Administration with the flexibility to conduct examinations of low-risk Farm Credit System institutions on a 24-month cycle.

Congressional Summary of S 4655

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.

Current Status of Bill S 4655

Bill S 4655 is currently in the status of Bill Introduced since June 2, 2026. Bill S 4655 was introduced during Congress 119 and was introduced to the Senate on June 2, 2026.  Bill S 4655's most recent activity was Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. as of June 2, 2026

Bipartisan Support of Bill S 4655

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
1
Democrat Cosponsors
1
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 4655

Primary Policy Focus

Agriculture and Food

Alternate Title(s) of Bill S 4655

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

Comments

Hadassah Pennington profile image

Hadassah Pennington

1,132

1 month ago

I think this bill is gonna make it harder for farmers to get the credit they need. It's not fair to them. Did you know this bill also includes provisions for rural broadband expansion?