A bill to amend section 103 (f)(5)(A) of the Agricultural Act of 1949 in order to reduce the cost to the government of upland cotton disaster payments and to provide growers with additional opportunities for market income by modifying certain disaster payment provisions.

Amends the Agricultural Act of 1949 to provide that, if it is determined that planting of an acreage of upland cotton was prevented and that a nonconserving crop was planted, the prevented planting payment shall be the amount by which the sum calculated according to the present formula exceeds the market value of the nonconserving crop harvested from such acreage, thus reducing the Government's payment rate.