A bill to amend the Internal Revenue Code of 1954 to treat certain fishermen as employees for purposes of the income tax and social security taxes.

Amends the Internal Revenue Code and Title II (Old-Age, Survivors, and Disability Insurance) of the Social Security Act to apply a tax on the wages of fishermen who are paid a share of the catch on boats with crews of ten or less members for purposes of: (1) the Federal Insurance Contributions Act; (2) the income tax; and (3) OASDI.