Farm Credit Adjustment Act

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [H.R. 6564 Introduced in House (IH)] <DOC> 118th CONGRESS 1st Session H. R. 6564 To allow the Farm Credit Administration the option to examine low-risk Farm Credit System institutions under a 24-month cycle. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES December 1, 2023 Ms. Spanberger (for herself and Mr. LaMalfa) introduced the following bill; which was referred to the Committee on Agriculture _______________________________________________________________________ A BILL To allow the Farm Credit Administration the option to examine low-risk Farm Credit System institutions under a 24-month cycle. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Farm Credit Adjustment Act''. SEC. 2. FARM CREDIT ADMINISTRATION OPTION TO EXAMINE LOW RISK FARM CREDIT SYSTEM INSTITUTIONS ON A 24-MONTH CYCLE. (a) In General.--Section 5.19(a) of the Farm Credit Act of 1971 (12 U.S.C. 2254(a)) is amended in the 1st sentence-- (1) by striking ``in …