,i #aafth ,,congress #b;d ,session ,h4 ,r4 #hdci ,,in ,,the ,,house ,,of ,,representatives ,september #bi1 #bjbj ,ms4 ,spanberger 7for herself and ,mr4 ,rodney ,davis of ,illinois7 introduced the following bill2 which was referred to the ,committee on ,ways and ,means ,a ,,bill ,to amend the ,internal ,revenue ,code of #aihf to exclude from gross income any interest paid on an overpayment of tax4 #a4 ,short title ,this ,act may be cited as the ,freeing ,americans' ,interest ,reimbursements ,from ,improper ,governmental ,holdover ,taxes ,act or the ,,fair ,,fight ,act4 #b4 ,interest received on overpayments 7a7 ,in general ,part ,,iii of subchapter ,b of chapter #a of the ,internal ,revenue ,code of #aihf is amended by inserting before section #adj the following new section3 #aci;,i4 ,interest received on tax overpayments ,gross income shall not include any interest allowed and paid upon an overpayment of tax pursuant to section #ffaa4 4 7b7 ,applicability ,the amendments made by this section shall apply to taxable years beginning after the date of the enactment of this section4 7c7 ,clerical amendment ,the table of contents for ,part ,,iii of subchapter ,b of chapter #a of the ,internal ,revenue ,code of #aihf is amended by inserting before the item relating to section #adj the following new item3 #aci;,i4 ,interest received on tax overpayments4 4