1. (a) As used in this section, "aviation fuel" refers to:

   1. (1) gasoline used to power an aircraft;
   2. (2) jet fuel; or
   3. (3) a synthetic fuel or fuel derived from any organic matter used as a substitute for a fuel described in subdivision (1) or (2).
2. (b) A transaction involving aviation fuel is exempt from the state gross retail tax.

As added by P.L.288-2013, SEC.31.