Whose licence? Corporations don't have the same ones as they are governed under a different framework. That's a fundamentally legal problem.
It's a don't flatten school children scheme.
Maybe a better idea would be to not make school children cross a road, design roads that can be crossed safely without a silly bus specific rule. After all who gives a fuck about school children, at the risk of sounding selfish, what about me? Fuck me because I don't go to school right?
America implemented a stupid band-aid that covers a tiny minority of the population to a fundamental problem of pedestrian safety. But they clearly don't give a shit about that, after all it's the only place in the west where pedestrian safety statistics are getting worse rather than better.