Permanent Capital Revisions

Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Farm Credit Administration 12 CFR Parts 607, 611, 613, 614, 615, 620, 627, 628, and 630 RIN 3052-AD52 AGENCY: Farm Credit Administration. ACTION: Proposed rule. SUMMARY: The Farm Credit Administration (FCA or we) requests comments on a proposed rule for Farm Credit System (System) banks and associations that would reduce the burden of calculating permanent capital and minimize potential confusion about its use in evaluating the safety and soundness of System institutions. Specifically, the proposed rule would remove references to permanent capital in shareholder and investor reporting regulations as well as in certain other regulations. It would also simplify the calculation of the permanent capital ratio and make other clarifications, corrections, and updates to capital-related regulations. DATES: You may send us comments on or before April 28, 2026. ADDRESSES: For accuracy and efficiency, please submit comments by email or through FCA's website. We do not accept comments submitted by fax, because faxes are difficult for us to process. Also, please do not submit comments multiple times; submit your comment only once, using one of the following methods: Email: Send an email to reg-comm@fca.gov . Use the public comment form on our website: 1. Go to https://www.fca.gov . 2. Click inside the “I want to . . .” field near the top of the page. 3. Select “comment on a pending regulation” from the dropdown menu. 4. Click “Go.” This takes you to the…