A bill to amend the Food Stamp Act of 1964.

Extends funding of programs under the Food Stamp Act of 1964 through fiscal year 1982. Eliminates charges for coupon allotments and makes coupons redeemable for cash. Drops the eligibility requirement that household members be related.

Requires national income standards of eligibility to be the income guidelines for the nonfarm United States prescribed by the Office of Management and Budget. Specifies exclusions and deductions from household income for qualification purposes. Authorizes the Secretary of Agriculture to pay up to 75 percent of all costs of State program investigations, prosecutions, and other activities related to recovering losses. Authorizes the Secretary to conduct pilot, experimental and research projects to increase program efficiency.