Ethics Explorer A Guide to the Financial Interests of Elected Officials

Rep. Cecil Bell Jr. District 3 (R-Magnolia)

Industry
Business Owner, Ranching/Agriculture, Construction
Education
Oakwood High School 1980/ Valedictorian
Spouse
Jo Ann
Committees
  • Appropriations
  • Land & Resource Management
  • Rules & Resolutions
  • Subcommittee on Articles VI, VII & VIII
Financial Statements

Sources of Income

  • Bell is self-employed at several companies he founded: B-5 Construction Co. Inc., Tejas Underground Utilities, Storm Maintenance and Monitoring Inc. and High Star Inc.

  • He runs a cattle ranching business in Leon and Freestone counties.

  • He owns stock in Ford and Enron (fewer than 500 shares each) and reports earnings from a number of banks and financial institutions.

  • He owns stock through Blackrock Funds, Blackrock International, Brown Advisory Funds, JP Morgan and MFS Investment Management.

  • He has mutual funds with American Century, Sanford C. Bernstein Fund, Inc., Blackrock Funds, John Hancock and JP Morgan. 

     

Property

  •  61.63 acres of land in Magnolia valued at $637,360

  • Commercial retail center owned by High Star Inc. valued at $10,113,540

  • 1309.14 acres in Freestone County valued at $2,856,080

  • Two mobile homes in Freestone County, cumulatively valued at $28,779

Analysis

  • Bell serves as the president of the Magnolia ISD Board of Trustees, chairman of the Montgomery County Precinct 5 Texas Commission on Law Enforcement Officer Standards and Education Training Facility Board, director of the Texas Association of Business and advisory director of First Community Bank.

  • In the 2013 session, Bell authored a successful bill that reinforced immunity from civil liability for people or businesses responding to natural disasters at the request of local, state, or federal agency. He founded a company called Storm Maintenance and Monitoring Inc., which handles storm water pollution issues.