Farm Credit Adjustment Act

HR 6564, the Farm Credit Adjustment Act, modifies examination requirements for certain Farm Credit System institutions. It allows the Farm Credit Administration (FCA) to conduct examinations of low-risk institutions no more frequently than every 24 months, instead of the previous mandatory schedule. This change applies directly to Farm Credit System institutions deemed low-risk by the FCA, giving the agency discretion to extend examination cycles. The amendment takes effect on October 1, 2024.