Farm Credit Adjustment Act

This bill lets the Farm Credit Administration, which oversees a network of lending institutions that make loans to farmers, wait longer between checkups of institutions considered low-risk. Right now, these institutions must be examined at least every 18 months, but this bill would allow the Farm Credit Administration to stretch that to every 24 months for low-risk ones. The Farm Credit Administration would decide on its own which institutions qualify for the longer time between examinations.

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