MANDATORY REPORTING FOR LAMBS.

SEC. 241. [7 U.S.C. 1635m] MANDATORY REPORTING FOR LAMBS. (a) Establishment.—The Secretary may establish a program of mandatory lamb price information reporting that will— (1) provide timely, accurate, and reliable market information; (2) facilitate more informed marketing decisions; and (3) promote competition in the lamb slaughtering industry. (b) Notice and Comment.—If the Secretary establishes a mandatory price reporting program under subsection (a), the Secretary shall provide an opportunity for comment on proposed regulations to establish the program during the 30-day period beginning on the date of the publication of the proposed regulations.