The OMA Tax and Finance Committee — chaired by Meredith Mullett, manager of tax compliance for The J.M. Smucker Company — met virtually this week. Guest speaker Kimberly Murnieks, director of the Ohio Office of Budget and Management (OBM), told members that Ohio has experienced the third-best economic recovery among large-population states, according to the “Back-to-Normal Index.” Fiscal year-to-date, Ohio’s General Revenue Fund tax revenues are $134 million (2.1%) above estimate, as noted in OBM’s latest monthly financial report. Members also heard from A.J. Lewis, CPA and senior manager at OMA Connections Partner Clark Schaefer Hackett, who provided this overview of the U.S. House’s tax plan. David Eiselsberg, senior director, tax policy for the National Association of Manufacturers (NAM), encouraged members to engage their federal representatives via NAM’s Tax Action Center, adding that the proposed tax increases — including a 25% corporate rate — are estimated to cost the U.S. 1 million jobs in just the first two years. 10/13/2021