A bill to amend the Agricultural Act of 1949 to establish land diversion payment program for the 1980 crops of corn and wheat.

Amends the Agricultural Act of 1949 to direct the Secretary of Agriculture to establish land diversion payment programs for the 1980 crops of corn and wheat.

Requires, as a condition of eligibility for such payments, that grain producers devote to approved conservation uses, an amount of cropland not less than a percentage of their 1980 crop planted acreage (15 percent for corn and 10 percent for wheat).

Sets forth formulas for determining the amount of such payments. Sets $1.50 per bushel for both corn and wheat as a payment rate factor in such formulas.