This legislation grants the Farm Credit Administration (FCA) greater flexibility in overseeing Farm Credit System (FCS) institutions. It specifically amends Section 5.19(a) of the Farm Credit Act of 1971 to modify the mandatory examination schedule. The bill allows the FCA, at its sole discretion, to extend the time period between mandatory examinations for institutions it deems low-risk to not more than 24 months. This provides an option for less frequent regulatory scrutiny for stable entities within the Farm Credit System, potentially streamlining oversight. The amendments made by this Act are scheduled to take effect on October 1, 2026.