Ohio Government/Constitution Practice Exam 2025 - Free Government and Constitution Practice Questions and Study Guide

The term for the spending limit for the Ohio General Assembly is the "rainy day fund." This fund serves as a financial reserve, enabling the state to cover expenses during economic downturns or unforeseen circumstances. It is designed to ensure fiscal stability and allows the state to manage its budget more effectively by providing a cushion against revenue shortfalls.

In Ohio, the law requires budget surpluses to be deposited into this fund, which can be accessed when necessary, especially in times of economic distress. This mechanism is crucial for maintaining a balanced budget and managing state finances responsibly.

The other terms mentioned do not accurately represent the spending limit or financial reserving strategy of the General Assembly. A tax revenue cap would refer to limits on how much revenue the state can collect from taxes, while a fiscal responsibility fund or operational fund does not specifically denote a reserved amount for emergency expenses like the rainy day fund does.