Sec. 5. Before a school bus driver may enter into a parents' supplemental transportation contract, the school bus driver must meet the following prerequisites:
(1) The school bus driver must meet all physical requirements required of school bus drivers by the committee, including the requirements under IC 20-27-8-1.
(2) The school bus driver must obtain the physical fitness certificate required of all school bus drivers by IC 20-27-8-4.
(3) The school bus driver must have a valid public passenger chauffeur's license issued by the bureau of motor vehicles.
(4) The school bus driver must meet any additional requirements required by the contracting parents.