extension of act; support price

extension of act; support price Sec. 302. Section 703 of the National Wool Act of 1954, as amended, is amended by— (1) striking out “1977” in subsection (a) and inserting in lieu thereof “1981”; (2) striking out “1977” in subsection (b) and inserting in lieu thereof “1976”; (3) inserting immediately before the period at the end of subsection (b) a new proviso as follows: “: Provided further, That for the marketing years beginning January 1, 1977, and ending December 31, 1981, the support price for shorn wool shall be 85 per centum (rounded to the nearest full cent) of the amount calculated according to the foregoing formula”; and (4) striking out “1977” in subsection (c) and inserting in lieu thereof “1976”.