; and (2) by redesignating section 167 as section 166. (b) Applicability The amendments made by this section shall apply beginning with the 2019 crop year. II Eligibility Requirements for Farm Subsidy Payments 201. Adjusted gross income limits for crop insurance premium subsidies Section 508(e) of the Federal Crop Insurance Act ( 7 U.S.C. 1508(e) ), as amended by section 101, is further amended by adding at the end the following new paragraph: (10) Adjusted gross income limitation A producer shall not be eligible to obtain premium assistance for a crop year under this subsection if the average adjusted gross income (as defined in section 1001D of the Food Security Act of 1985 ( 7 U.S.C. 1308–3a )) of such producer exceeds $500,000 for the preceding crop year. . 202. Adjusted gross income limits for commodity and conservation programs Section 1001D(b)(1) of the Food Security Act of 1985 (7 U.S.C. 1308–3a(b)(1)) is amended by striking $900,000 and inserting $500,000 . 203. Payments limited to active farmers Section 1001A(b) of the Food Security Act of 1985 ( 7 U.S.C. 1308–1 ) is amended by adding the following new paragraph: (3) Limitation With respect to a farming operation, no more than one person shall qualify as a farm manager actively engaged in farming for purposes of receiving a payment described in subsection (b) or (c) of section 1001. . III Target Rate of Return for Insurance Companies 301. Reducing target rate of return for insurance companies Section 508(k)(3) of the Federal Crop Insurance Act ( 7 U.S.C. 1508(k)(3) ) is amended— (1) by striking (3) Share of risk .—The and inserting the following: (3) Risk (A) Share of risk The ; and (2) by adding at the end the following: (B) Limitation on average rate of return The target average rate of return for reinsured companies for the 2018 reinsurance year and each subsequent reinsurance year shall be 12 percent of retained premiums. .