A bill to amend title II of the Social Security Act and chapter 21 of the Internal Revenue Code of 1954 to allow farmers to participate in the management and inspection of property being rented to others without causing their rental income to be treated as covered self-employment income.

Amends title II (Old-Age, Survivors and Disability Insurance) of the Social Security Act and the Internal Revenue Code of 1954 to exclude from self-employment income, rental income derived by the owner or tenant of land under an arrangement between the owner or tenant and another individual which provides that the owner or tenant shall participate in the production and management of commodities on such land.