A bill to extend unemployment insurance coverage to agricultural labor and to provide for Federal payment to the States of the amount by which State benefits for agricultural employees exceed contributions to the State made by farm employers.

Revises the Internal Revenue Code by providing unemployment insurance coverage to individuals employed in agricultural labor.

Provides that payment should be made from the employment security administration account to each participating State an amount equal to the excess of the unemployment compensation paid under the State unemployment compensation law during the calendar year and attributable to agricultural employment, over an amount equal to the maximum rate of employer contributions with respect to any employment subject to contributions under State law multiplied by the aggregate of wages paid during such year for agricultural employment and subject to contributions under State law.