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.

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.