A bill to amend the Internal Revenue Code of 1954 to exempt certain agricultural aircraft from the aircraft use tax, to provide for the refund of the gasoline tax to the agricultural aircraft operator, and for other purposes.

Amends the Internal Revenue Code to exempt from the excise tax on the use of civil aircraft any qualified person using an aircraft equipped for agricultural operation, if such person uses it primarily for such agricultural operation.

Provides for the refund by the Secretary of the Treasury of the gasoline excise tax for the use of any liquid as a fuel on a farm for farming purposes if such fuel is used in an aircraft and by an aerial applicator who was the actual ultimate purchaser of such fuel.