Allows landowners participating in the Conservation Reserve Enhancement Program (CREP) to choose how annual CREP payments are scheduled across the life of their agreement, establishes payment rules for agreements that permanently retire water rights or convert irrigated acres to dryland use, makes certain program duties mandatory rather than optional, and exempts CREP rental payments from specified payment limits. The changes amend provisions of the Food Security Act of 1985 to give participants more payment flexibility and clarify payment treatment for specific water-rights and land-use arrangements.

These changes primarily affect agricultural landowners and farmers who enroll (or are considering enrollment) in CREP, as well as the federal agencies that administer the program. The bill does not specify new funding or an effective date in the provided text.