WOOL AND MOHAIR PRICE SUPPORT PROGRAM.

SEC. 201. WOOL AND MOHAIR PRICE SUPPORT PROGRAM. (a) Extension.— Section 703 of the National Wool Act of 1954 (7 U.S.C. 1782) is amended by striking “1990” each place it appears in subsections (a) and (b) and inserting “1995”. (b) Payment Limitation.— Section 704 of such Act (7 U.S.C. 1783) is amended— (1) by striking the section heading and inserting the following: “SEC. 704. PAYMENTS AS MEANS OF PRICE SUPPORT.”; (2) by inserting after the section designation the following: “(a) Use of Payments.—”; and (3) by adding at the end the following new subsection: “(b) Payment Limitation.— 104 STAT. 3382 “(1) In general.— The total amount of payments that a person shall be entitled to receive under this Act for wool or mohair for any marketing year shall not exceed— “(A) $200,000 for the 1991 marketing year; “(B) $175,000 for the 1992 marketing year; “(C) $150,000 for the 1993 marketing year; and “(D) $125,000 for each of the 1994 and subsequent marketing years. “(2) Enforcement.— The Secretary shall issue regulations defining the term ‘person’ for purposes of this section. The regulations shall be consistent with regulations issued by the Secretary in accordance with sections 1001, 1001A, and 1001B of the Food Security Act of 1985 (7 U.S.C. 1308, 1308–1, and 1308–2).”.