Sec. 7. The sale of aviation fuel is exempt from the aviation fuel excise tax if the aviation fuel is placed into the fuel supply tank of an aircraft owned by:
(1) the United States or an agency or instrumentality of the United States; (2) the state of Indiana; (3) the Indiana Air National Guard; (4) a common carrier of passengers or freight; or (5) a current Federal Aviation Administration 14 CFR Part 137 certified aerial applicator performing agricultural operations. As added by P.L.288-2013, SEC.67. Amended by P.L.38-2021, SEC.49.