EXCLUSION OF CONSERVATION RESERVE PROGRAM PAYMENTS FROM SECA TAX FOR CERTAIN INDIVIDUALS.

SEC. 15301. EXCLUSION OF CONSERVATION RESERVE PROGRAM PAYMENTS FROM SECA TAX FOR CERTAIN INDIVIDUALS.(a) Internal Revenue Code.—Section 1402(a)(1) (defining net earnings from self-employment) is amended by inserting “, and including payments under section 1233(2) of the Food Security Act of 1985 (16 U.S.C. 3833(2)) to individuals receiving benefits under section 202 or 223 of the Social Security Act” after “crop shares”.(b) Social Security Act.—Section 211(a)(1) of the Social Security Act is amended by inserting “, and including payments under section 1233(2) of the Food Security Act of 1985 (16 U.S.C. 3833(2)) to individuals receiving benefits under section 202 or 223” after “crop shares”.(c) Effective Date.—The amendments made by this section shall apply to payments made after December 31, 2007.