Congress·In Committee·H.R. 5010

Farm Credit Adjustment Act

Farm Credit: Longer Gaps Between Bank Inspections

6 months ago·View on Congress.gov·Read full text

The Farm Credit Adjustment Act is currently in the early stages of the legislative process. It has been sent to a subcommittee within the House Committee on Agriculture for review. No further actions are scheduled at this time, but the bill remains active.

Legislative Progress

House

Senate

President

Law

Could go either way

This bill has support from both parties and fixes a small technical rule, which usually helps it pass. However, many small bills get stuck in committee because they are not a top priority.

Key Points

This bill allows the government agency that watches over farm lenders to wait longer between official checkups. If a lender is considered low-risk, they could go up to two years without a mandatory inspection.
The goal is to save time and money for both the government and the lenders. By focusing less on healthy banks, the agency can spend more time looking at lenders that might be having financial trouble.
This change would mostly affect the Farm Credit System, which is a network of organizations that provide loans to farmers and ranchers. It does not change the rules for regular commercial banks.
If passed, these new rules would start on October 1, 2026. The government would still have the power to check any lender sooner if they think there is a problem.

Impact Analysis

Govbase has not yet run an impact analysis on this legislation.

Milestones

3 milestones3 actions

Jan 13, 2026House

Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.

Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.

Aug 19, 2025House

Referred to the House Committee on Agriculture.

Aug 19, 2025

Introduced in House

The bill was officially filed and given a number. It now enters the legislative queue.

Votes

No votes have been recorded for this legislation yet.

News

No related news coverage found for this legislation yet.

Source Information

Document Type

Congressional Bill

Official Title

Farm Credit Adjustment Act

Bill NumberHR 5010

Congress119th Congress

ChamberHouse of Representatives

Latest ActionReferred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.

Data Sources

Congress.gov

Official legislative information

Read Full Bill Text

Sponsor

Cosponsors

(12)

D: 6R: 6

Analysis generated by AI. Always verify with official sources.