The new law also ties the current tax deduction for making a qualifying investment to the rate of inflation. Under previous law, qualifying contributions are eligible for a tax deduction up to $3,000 a year.

Walker signs bill giving schools more flexibility

Schools will no longer have to teach at least 180 days a year under a bill Gov. Scott Walker has signed into law.

The bill Walker signed Tuesday would allow schools to extend the length of their days to meet the required minimum number of hours schools must be teaching students every year.

But there would no longer be a requirement for schools to be open at least 180 days a year.

That would give schools flexibility to stay for longer hours, but for fewer days.

Rural schools support the change as a way of saving money by being open fewer days and avoiding higher transportation costs and other expenses.