Search

Search bills, members, committees and pages...

Sign In

S. 4655

U.S. Senate•In Senate Committee

Summary

S. 4655, the Farm Credit Adjustment Act, was introduced in the Senate on Jun 2, 2026 by Sen. John Cornyn (R) with 1 co-sponsor. It was referred to Agriculture, Nutrition, And Forestry, and last saw action on Jun 2, 2026: Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

Record

Text

S. 4655 has 1 co-sponsor.

sb4655/introduced-in-senate.txt
119 S4655 IS: Farm Credit Adjustment Act
 U.S. Senate
 2026-06-02
 text/xml
 EN
 Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
 II  119th CONGRESS  2d Session  S. 4655  IN THE SENATE OF THE UNITED STATES   June 2, 2026   Mr. Cornyn  (for himself and  Mr. Kaine ) introduced the following bill; which was read twice and referred to the  Committee on Agriculture, Nutrition, and Forestry    A BILL
To allow the Farm Credit Administration the option to examine low-risk Farm Credit System institutions under a 24-month cycle.
1.
Short title
This Act may be cited as the   Farm Credit Adjustment Act  .
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 first sentence—
(1)
by striking  in no event  and inserting  not ; and
(2)
by inserting  , except that the Farm Credit Administration, in its sole discretion, may extend the time period between mandatory examinations of institutions deemed by the Farm Credit Administration to be low-risk institutions to not more than 24 months  before the period.
(b)
Effective date
The amendments made by subsection (a) shall take effect on October 1, 2026.

Tracker

The tracker indicates the progress of this legislation as it moves through the legislative process.

  1. Introduced2026-06-02
  2. Passed Senate
  3. Passed House
  4. Conference
  5. To President
  6. Became Law

CRS Summary

The summaries are the Congressional Research Service’s, one per stage. Read them in full.

Introduced in Senate Jun 2, 2026

sb4655/introduced-in-senate.md

Shown Here:
Introduced in Senate (06/02/2026)

Farm Credit Adjustment Act

This bill allows the Farm Credit Administration (FCA) to examine low-risk Farm Credit System institutions every 24 months. Specifically, FCA has the sole discretion to extend the currently mandated 18-month examination period for all institutions to 24 months for low-risk institutions.

FCA regulates the Farm Credit System, which is a network of borrower-owned lending institutions that operates as a government-sponsored enterprise and makes loans to creditworthy farmers.

Sponsors

Sen. John Cornyn (R) sponsors S. 4655, and 1 member has co-sponsored it from the day it was introduced.

Committees

S. 4655 went before 1 committee: Agriculture, Nutrition, and Forestry.

Agriculture, Nutrition, and Forestry
Agriculture, Nutrition, and Forestry
Referred To · Jun 2, 2026 · 334 Bills

Actions

S. 4655 has taken 2 actions since Jun 2, 2026.

ChamberAction
Jun 2, 2026
Senate
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.Agriculture, Nutrition, and Forestry Committee
Jun 2, 2026
—
Introduced in Senate

Votes

S. 4655 has not gone to a roll call.

2 bills are related to S. 4655.

Titles

S. 4655 goes by 3 titles, 1 of them short titles.

  • Farm Credit Adjustment Act — Display Title
  • Farm Credit Adjustment Act — Short Title(s) as Introduced
  • A bill to allow the Farm Credit Administration the option to examine low-risk Farm Credit System institutions under a 24-month cycle. — Official Title as Introduced

Lobbying

1 client hired 1 firm and 4 registered lobbyists who named S. 4655 in 2 quarterly filings, 2026. Reported under the Lobbying Disclosure Act; a filing’s income covers everything its registrant worked that quarter, so the amounts below are the filings’, not this bill’s.

Filed under Agriculture, Financial Institutions/Investments/Securities, Taxation/Internal Revenue Code, Transportation.

Clients

Who paid to be heard, by how many filings named the bill.

ClientBusinessStateFirmsFilingsReported
FARM CREDIT COUNCIL—District of Columbia12—

Firms

Registrants who filed on the bill, by filings.

RegistrantClientsFilingsReported
FARM CREDIT COUNCIL12—

Lobbyists

Named on the filings that cite the bill.

LobbyistFirmsClientsFilings
JEANETTE MESIROW112
ROBERT BOONE112
TONY WATLINGTON112
SKYLAR SOWDER111

Filings

The documents themselves, on the Senate’s Lobbying Disclosure site, largest reported first.

ClientRegistrantPeriodReportedDocument
FARM CREDIT COUNCILFARM CREDIT COUNCIL2026 second_quarter$110K2nd Quarter - Amendme…
FARM CREDIT COUNCILFARM CREDIT COUNCIL2026 second_quarter$110K2nd Quarter - Report

Classification

The Congressional Research Service files S. 4655 under Agriculture and Food, one of its 31 policy areas.

CRS Subjects

CRS assigns every bill one policy area from its 31; S. 4655’s is Agriculture and Food.

s4655/policy-areas.txt
Agriculture and FoodAnimalsArmed Forces and National SecurityArts, Culture, ReligionCivil Rights and Liberties, Minority IssuesCommerceCongressCrime and Law EnforcementEconomics and Public FinanceEducationEmergency ManagementEnergyEnvironmental ProtectionFamiliesFinance and Financial SectorForeign Trade and International FinanceGovernment Operations and PoliticsHealthHousing and Community DevelopmentImmigrationInternational AffairsLabor and EmploymentLawNative AmericansPublic Lands and Natural ResourcesScience, Technology, CommunicationsSocial WelfareSports and RecreationTaxationTransportation and Public WorksWater Resources Development

Source: congress.gov · legiscan.com