A bill to prevent the interest rate on extended payments on estate taxes attributable to certain farms and closely held businesses from increasing to 12 percent.

Amends the Internal Revenue Code, with respect to the interest rate on extended payments on estate taxes attributable to certain farms and closely held businesses, to provide that the rate of interest on qualifying deferred payments, other than those required to pay four percent, will be the lesser of six percent or 75 percent of the prime rate as determined by the Board of Governors of the Federal Reserve System.