[20080703]RS22910_2008年农业法案：与税收相关的保护储备计划提案分析.pdf

1 P.L. 99-198, 99 Stat. 1354.2 For more details on the expansion and extension of the CRP, please see CRS Report RL34457,Conservation Reserve Program Payments: Self-Employment Income, Rental Income, orSomething Else? by Carol A. Pettit. See CRS Report RS21613, Conservation Reserve Program:Status and Current Issues, by Tadlock Cowan for general background of the CRP and proceduresfor enrolling land in the program.Order Code RS22910Updated July 3, 2008The 2008 Farm Bill: Analysis of Tax-RelatedConservation Reserve Program ProposalsCarol A. PettitLegislative AttorneyAmerican Law DivisionSummaryThe 2008 Farm Bill contained two tax-related proposals for the ConservationReserve Program. One of these proposals, which excludes the payments from self-employment tax, was included in the final bill that became P.L. 110-246. The other,which would have allowed participants in the program to choose to receive a tax creditin lieu of the contracted annual payments, was deleted in the conference committee. BackgroundThe Conservation Reserve Program began in 1985 as a program designed to removehighly erodible croplands from current crop production. It was established by the FoodSecurity Act of 19851