A bill to provide price support for milk at not less than 80 percent of the parity price therefor.

Provides price support under the Agricultural Act of 1949 for milk at not less than 80 percent of the parity price therefor. Directs such support to begin with the date of enactment of this Act and to end on March 31, 1976.

Directs the Secretary of Agriculture to quarterly adjust such support price to reflect any change in the index of prices paid by farmers for production items, interest, taxes and wage rates.