A bill to amend the Federal Food, Drug, and Cosmetic Act to require the establishment of standards for a grading system by which retail purchasers may determine the relative nutritional value of different foods, and for other purposes.

Requires the Secretary of Health, Education, and Welfare, after consultation with the Secretary of Agriculture, under the Federal Food, Drug and Cosmetic Act, to: (1) establish standards for a grading system by which retail purchases may determine the relative nutritional value of food distributed in interstate commerce; and (2) prescribe the manner in which packaged foods will be labeled in accordance with such system.

Provides criminal penalties for any person who distributes or sells food not displayed in the manner prescribed by such regulations.