Ohio Gov. signed state’s new two-year biennium into law late Monday night.

Ohio Gov. Mike DeWine signed the state’s new two-year biennium into law late Monday night, but vetoed a number of items, including a provision concerning school district cash reserves. The Ohio House and Senate versions of the budget – by law the spending plan must be in place on July 1 – passed last week with not a single Democrat in favor. House Bill 96 earlier this year had proposed that public school districts’ cash reserves be limited to 30% – a measure aimed at property tax relief for Ohioans – before the Senate increased it to 50%. An Ohio General Assembly conference committee late last month settled on 40% as a compromise, but DeWine vetoed this along with 66 other items.