Ethics Explorer A Guide to the Financial Interests of Elected Officials

Sen. Robert Nichols District 3 (R-Jacksonville)

Industry
Engineering/Manufacturing, Business Owner
Education
B.S., Lamar University, 1968
Spouse
Donna
Committees
  • State Affairs
  • Health & Human Services
  • Intergovernmental Relations (Vice-Chair)
  • Natural Resources
  • Transportation (Chair)
Financial Statements

Sources of Income

  • Nichols, an industrial engineer, has worked in plastics manufacturing. He has earned 32 U.S. patents and built four manufacturing facilities.

  • His business entities are Drip Rock Ranch in Jacksonville and Robert Nichols Enterprises, which he describes as a sole proprietorship. Nichols is a director at Austin Bank, Jacksonville Green Foundation, Lon Morris College, East Texas Medical Center and the Nan Travis Foundation.

  • Nichols’ investments include American Electric Power, Centerpoint Energy, Chevron, Conoco, Exxon Mobil, Altria, Merck & Co., Pfizer, Philip Morris International, AT&T, Verizon, Waste Management Inc. and Xcel Energy.

Property

  • 748 acres in Garfield County, Colo., valued at $12.325 million

  • Six rental properties in Jacksonville with a total value of $271,140

  • A 13,975-square-foot home on 87 acres in Jacksonville valued at $840,080

  • Business property in Jacksonville valued at $93,540

  • 178 acres of land, much of it with agricultural timber tax exemptions, valued at $230,920

  • Lake house in Cherokee County valued at $134,940

Analysis

  • Some of Nichols' investments are in companies that are regularly involved with the state as contractors, regulated industries or companies that lobby lawmakers.