A bill to encourage farmers to establish shelterbelts for the purposes of reducing soil erosion, protecting crops and livestock, and establishing wildlife habitat areas.

Amends the Internal Revenue Code to allow a credit against the income tax in an amount equal to the qualified land conservation expenditures paid or incurred by the taxpayer during the taxable year. Defines such expenditures as any amount paid or incurred to establish or maintain a wind erosion control and wildlife habitat area (or shelterbelt) on any United States land held by the taxpayer and used in a trade or business of producing crops, fruits, or other agricultural products or for the sustenance of livestock. Limits such credit to the amount of the tax imposed, reduced by the sum of other specified allowable credits.