A bill relating to the treatment of certain rentals of farm and business real property for purposes of section 2032A of the Internal Revenue Code of 1954.

[AI summary unavailable — showing source text] Allows the special use valuation of farms and business real property for estate tax purposes for real property which is put to any use by a qualified heir pursuant to a rental by such heir. Revises rules for the revocation of an election to use such valuation. Extends the period for making a credit or refund as a result of this provision to one year after the date of enactment of this Act.…