; and (2) by adding at the end the following new subsection: (g) Special election (1) Election required In the case of acres allocated on a farm to seed cotton, all of the producers on the farm shall be given the opportunity to make a new 1-time election under subsection (a) to reflect the designation of seed cotton as a covered commodity for that crop year under section 1111(6). (2) Effect of failure to make unanimous election If all of the producers on a farm fail to make a unanimous election under paragraph (1), the producers on the farm shall be deemed to have elected price loss coverage under section 1116 for all acres allocated on the farm to seed cotton. . (h) Effective price Section 1116 of the Agricultural Act of 2014 ( 7 U.S.C. 9016(b) ) is amended by adding at the end the following new subsection: (h) Effective price for seed cotton (1) In general The effective price for seed cotton under subsection (b) shall be equal to the marketing year average price for seed cotton, as calculated under paragraph (2). (2) Calculation The marketing year average price for seed cotton for a crop year shall be equal to the quotient of— (A) a dividend that is equal to the sum of— (i) the product obtained when the upland cotton lint marketing year average price is multiplied by total United States upland cotton lint production measured in pounds; and (ii) the product obtained when the cottonseed marketing year average price is multiplied by total United States cottonseed production measured in pounds; and (B) a divisor that is equal to the sum of— (i) total United States upland cotton lint production measured in pounds