A bill to amend the Internal Revenue Code of 1954 to allow certain individuals a deduction for the expenses of operating a motor vehicle to transport their children to public school.

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to allow an income tax deduction for expenses and depreciation attributable to the operation of the taxpayer's motor vehicle to transport a child to a public primary or secondary school which does not provide transportation from the child's principal residence. Limits the deduction to transportation of a child sharing the taxpayer's principal residence to a school more than one mile away. Provides that the Secretary of the Treasury may establish a standard mileage allowance, not less than 15 cents per mile, for computing such transportation expenses.…