Mary Taylor’s goal is to help keep Ohio moving forward.
Taylor was sworn in as Ohio’s 65th Lieutenant Governor on January 10, 2011, the same day Governor John R. Kasich named her to lead Ohio’s Common Sense Initiative (CSI) to reform Ohio’s regulatory policies, as well as to serve as the director of the Ohio Department of Insurance. These two assignments dovetail together to make Ohio a more jobs – and business – friendly state. In 2012, CSI reviewed more than 1,500 proposed rules and overall, rule filings were down by 44 percent compared to the historical average. In addition, 2012 provided a number of opportunities to work directly with businesses to resolve regulatory burdens that were standing in their way. CSI is continuing to review Ohio’s regulatory system to eliminate excessive and duplicative rules that stand in the way of job creation.
Under the leadership of Governor Kasich and Lt. Governor Taylor, Ohio was able to balance its budget and close an $8 billion shortfall. Ohio has outpaced the nation in job growth with more than 135,000 new jobs created since January 2011 and consistently lower employment than the nation.
Under Taylor’s leadership, the Ohio Department of Insurance continues to be one of the premier insurance regulatory agencies in the country. In 2012, the Department helped consumers save $24.4 million while protecting a competitive insurance market for the 1,600 insurance companies licensed in Ohio.
Taylor is no stranger to taking on tough assignments. As the first certified public accountant to serve as Ohio’s Auditor of State, Taylor transformed the office into a nationally-recognized, 21st-century government auditing office. The National White Collar Crime Center praised Taylor for her excellence in fighting and preventing fraud and for recovering millions in misspent tax dollars. The Ohio Society of CPA’s called Taylor one of their “most influential” members.
As a state legislator, Taylor was instrumental in passing Ohio’s 2005 tax reform package that reduced personal income taxes by 21 percent. The measure also eliminated the tangible personal property tax, the corporate franchise tax and the inventory tax imposed on businesses. She was a member of the House Finance, Ways and Means, and Education committees and was recognized by the United Conservatives of Ohio as a “Watchdog of the Treasury.” The National Federation of Independent Business (NFIB), the nation’s largest small-business group, also named Taylor a “Guardian of Small Business” for her outstanding voting record on behalf of Ohio’s small-business owners.
Taylor earned a bachelor's degree in accounting and a master's degree in taxation from the University of Akron. She began her career in 1990 with Deloitte and Touche, one of the “big four” national accounting firms. She joined the Akron firm of Bober, Markey, Fedorovich & Company in 1994, where she served as director of the firm's tax department and senior manager of the employee benefits practice.
She’s been called an “expert” on state budget issues by the Columbus Dispatch and her hometown newspaper – the Suburbanite – called her one of Summit County’s “most influential women.”
Taylor, 47, is a life-long resident of northeast Ohio where she lives with her husband, Don, and their sons, Michael and Joe.
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