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.

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.