Sec. 49. (a) As used in this section, "aviation fuel" refers to:
(1) gasoline used to power an aircraft;
(2) jet fuel; or
(3) a synthetic fuel or fuel derived from any organic matter used as a substitute for a fuel described in subdivision (1) or (2).
(b) A transaction involving aviation fuel is exempt from the state gross retail tax.
As added by P.L.288-2013, SEC.31.