A bill to amend the Internal Revenue Code of 1954 to limit the maximum rate of interest charged on certain deferred payments of estate taxes and certain recapture taxes.

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to limit to 12 percent the rate of interest on amounts of unpaid estate tax: (1) extended because the estate consists largely of an interest in a closely held business; (2) imposed as a recapture tax under the special use valuation provisions; and (3) extended because the estate consists of a reversionary or remainder interest in property.…