A bill to amend the Internal Revenue Code of 1954 to provide farmers a refundable income tax credit for acreage with respect to which the farmer uses conservation tillage practices.

Amends the Internal Revenue Code to provide farmers a refundable income tax credit based on the number of soil conservation acres which they utilize. Defines "soil conservation acres" as land owned by the taxpayer which is used in farming in which only conservation tillage practices are used (procedures which reduce soil erosion by minimizing the amount of plowing).

Reduces the credit by the amount of governmental grants received for the purpose of carrying out conservation tillage practices.