A bill to amend the Internal Revenue Code of 1954 to allow an individual to deduct from gross income the expenses, not exceeding $300 a year, paid for transportation to and from his place of abode, and his place of business or employment.

Allows an individual to deduct from gross income, under the Internal Revenue Code, the expenses, not exceeding $300 a year, paid for transportation to and from his place of abode and his place of business or employment. (Adds 26 U.S.C. 162(f))