Michigan Department of Treasury Leadership Taking the Helm of Two National Organization Boards

LANSING - Two leaders from the Michigan Department of Treasury have been elected to the respective presidencies of boards that have provided the state of Michigan a unique voice in shaping financial policy across the country.

Following a nonpartisan vote at the annual meeting of the National Association of State Treasurers (NAST), State of Michigan Treasurer Rachael Eubanks has been elected to serve as the organization’s president for 2026.

“Leading the National Association of State Treasurers means sharing the story of the meaningful, bipartisan collaboration happening across the country,” State Treasurer Eubanks said. “From advocating for sound financial practices to championing national programs that benefit all residents, our work is rooted in service and impact. I’m honored to lead an organization dedicated to advancing public finance and strengthening communities nationwide.”

NAST is a nonpartisan organization that supports the nation’s financial leaders in pursuing and administrating sound fiscal policies and programs that benefit the public. Membership is composed of all state treasurers or comparable finance officials across the United States.

As president, State Treasurer Eubanks will serve on NAST’s Board of Directors, lead board and executive committee meetings, guide policy and advocacy efforts, appoint committees, set strategic direction and promote excellence in public finance. The presidency is a one-year term.

Since joining NAST, State Treasurer Eubanks has led efforts to advocate for state interests related to the Federal Data Transparency Act, protect tax-exempt bond financing and expand access to financial education and tools to ensure individuals of all ages and income levels can be empowered to make sound financial decisions. Her previous NAST leadership roles include serving as Senior Vice President, Secretary-Treasurer, Midwest Region Vice President, Chair of the State Debt Management Network and Chair of the Financial Literacy Committee.

To learn more about NAST, visit www.nast.org.

State Treasurer Eubanks was appointed as Michigan’s 47th state treasurer by Gov. Gretchen Whitmer in January 2019. She is dedicated to building upon the Michigan Department of Treasury’s culture of service to all Michiganders and is committed to upholding the long-term fiscal health and stability of our state.

Chief Deputy Treasurer Lance Wilkinson has been elected by member state delegates as president of the Streamlined Sales Tax Governing Board.

The Streamlined Sales Tax Governing Board oversees the implementation of the Streamlined Sales and Use Tax Agreement, a multi-state initiative launched in 2000 to simplify and modernize sales tax systems. Its goal is to reduce the burden of tax compliance—especially for remote sellers—by promoting uniform tax rules, centralized registration and simplified administration.

“I am humbled and honored to be elected by my peers to lead this important effort,” Wilkinson said. “Collaborating with other states and the business community to simplify complex sales tax administration is a win for Michigan taxpayers, and I look forward to serving in this role to support both individuals and businesses.”

The Streamlined Sales Tax Governing Board helps make sales tax rules more consistent and easier to follow across states, which benefits individual taxpayers by reducing confusion and promoting fair and consistent treatment whether they shop or sell online or in stores. It also helps protect consumer privacy and supports essential public services by making tax collection more efficient.

Wilkinson was appointed Chief Deputy Treasurer in July 2025. Prior to that, he served as director of the Bureau of Tax Policy, where he led multiple divisions, developed tax guidance in response to legal and policy changes, managed major tax litigation and represented Treasury in legislative and professional forums.

To date, 24 states—representing over 31 percent of the U.S. population—have adopted the Streamlined Sales and Use Tax Agreement.

To learn more about the Streamlined Sales Tax Governing Board, visit www.streamlinedsalestax.org.

These appointments underscore Michigan’s leadership in shaping national fiscal policy and advancing collaborative solutions that benefit taxpayers nationwide.