A bill to amend the Federal, Food, Drug, and Cosmetic Act to revise certain labeling and notice requirements of that Act respecting colored margarine and colored oleomargarine.

Amends the Federal Food, Drug, and Cosmetic Act to eliminate the requirement that the package label of margarine or oleomargarine bear such words in typeface or lettering as large as any other typeface or lettering, or that the individually wrapped contents of such a package also bear such words.

Repeals the requirement that public eating places when serving margarine or oleomargarine must either so label each separate serving or serve each such serving in a triangular shape. Requires only that such product be labeled in a manner likely to be understood by the ordinary patron.