HR 6564
Farm Credit Adjustment Act
Take action
Record your position on this measure.
Sign in to record your position, submit testimony, or contact your legislator.
Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill, the Farm Credit Adjustment Act, would give the Farm Credit Administration (FCA) the flexibility to reduce the frequency of examinations for certain Farm Credit System institutions. Specifically, the FCA can choose to examine low-risk institutions every 24 months instead of the standard timeframe. This change aims to streamline the examination process for institutions deemed low-risk by the FCA. The bill takes effect on October 1, 2024.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Abigail Davis Spanberger
Cosponsors
Doug LaMalfa
Arguments in favor
Reasons to support this legislation.
No arguments in favor have been submitted.
Submit yoursArguments opposed
Reasons to oppose this legislation.
No arguments opposed have been submitted.
Submit yoursRead the latest version inline or switch to a previous version.