A bill to require that all reports concerning certain sales of meat and meat food products meet standards set by the Secretary of Agriculture concerning accuracy and completeness.

Authorizes the Secretary of Agriculture, through the Packers and Stockyards Administration, to monitor sales and transfers of meat and meat food products of forty thousand pounds or more and to require persons involved in such sales and transfers to report information concerning prices and quantities. Imposes a $10,000 to $100,000 fine on any person who knowingly makes inaccurate or incomplete reports on such matters.