This bill lets the Farm Credit Administration give “low‑risk” Farm Credit System lenders more time between checkups. Instead of being examined every year, these low‑risk lenders could be examined every two years. The goal is to cut red tape for safe, well‑run lenders while still keeping oversight in place. The change takes effect October 1, 2026.

Key points:

• Who is affected: Farm Credit System institutions that are considered low risk, and the Farm Credit Administration staff who examine them.
• What changes: Exams may move from every 12 months to every 24 months for low‑risk institutions, easing the exam schedule while keeping supervision authority intact.
• When: Starting October 1, 2026.