S4655Referred to Committee

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

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2026-06-02
Introduced
1
Cosponsors
S
ⓘ
Type

Sponsor

John Cornyn
John Cornyn
Republican · TX · Senator
Votes with party: 34.0% (324 recorded votes)

Full profile: /officials/C001056

Source: Congress.gov · FEC

Cosponsors (1)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

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

2026-06-02

Source: Congress.gov

Committee Activity

Currently in

Plain-English Summary

The Farm Credit Administration would be allowed to inspect certain low-risk agricultural lending institutions less frequently—once every 24 months instead of more often—to reduce regulatory burden on these stable financial organizations. This change would primarily affect Farm Credit System institutions that lend money to farmers and rural businesses, potentially allowing them to operate with less frequent government oversight if they meet safety standards. The bill gives regulators flexibility to adjust inspection schedules based on an institution's financial health and risk level.

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