Amends the Internal Revenue Code to require that the interest rate on overpayments and underpayments of tax be based on the average prime rate for the first nine months of the calendar year.
Became Public Law No: 97-248.
Introduced in House
Introduced in House
Referred to House Committee on Ways and Means.
See H.R.4961.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line