Federal Register #RIN 3052AD66

Farm Credit Administration Proposed Rule on Assessment and Apportionment of Administrative Expenses

This opportunity involves a proposed regulatory change by the Farm Credit Administration (FCA) regarding the assessment and apportionment of administrative expenses: - Government Buyer: - Farm Credit Administration (FCA), an independent federal agency - OEMs and Vendors: - FCA is the only entity mentioned; no commercial OEMs or vendors are involved - Products/Services Requested: - No products or services are being procured; this is a regulatory action - Notable Requirements: - Proposed rule updates the formula for assessing administrative expenses among Farm Credit System institutions - Increases the proportion of assessments based on each institution's pro rata share of total average risk-adjusted assets - Adjusts asset size ranges for assessment tiers - Removes references to entities that no longer exist - Does not affect FCA's assessment of other entities or its budget - This is a request for public comment on a regulatory update, not a procurement of goods or services.

Description

The Farm Credit Administration (FCA) proposes a rule to amend regulations related to the apportionment of assessments among System institutions. The revision aims to update the assessment formula to reflect the current size and structure of the System and to align the assessment proportionality with historical levels. The proposed changes would reapportion the total assessment among individual System banks and associations to support cooperative and System principles. These changes impact FCA's current assessment of System banks and associations but do not affect FCA's assessment of other entities or its budget. Comments on the proposed rule are due by June 22, 2026.

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