Sen. Robert Nichols District 3 (R-Jacksonville)
Sources of Income
Nichols, an industrial engineer, has worked in plastics manufacturing. He has earned 32 U.S. patents, 128 foreign 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, East Texas Medical Center and the Nan Travis Foundation.
Nichols’ investments include American Electric Power, Centerpoint Energy, Chevron, Exxon Mobil, Altria, Nextra Energy, Eversource Energy, Pfizer, Spectra Energy, AT&T, Verizon, Walmart, and Xcel Energy.
748 acres in Garfield County, Colo., valued at $12.325 million
Six rental properties in Jacksonville with a total value of $260,680
A 13,975-square-foot home on 87 acres in Jacksonville valued at $780,720
Business property in Jacksonville valued at $107,640
137.5 acres of land, valued at $182,720, with $170,590 exempted under agricultural timber tax reductions
Lake house in Jacksonville valued at $109,650
Nichols has numerous investments in companies that regularly contract with the state or that lobby lawmakers. He also has stock with regulated companies and receives campaign support from regulated industry PACs, including AT&T Texas PAC, Texas Oil and Gas PAC, TX Friends of Time Warner, General Motors Co. PAC and Atmos Energy Corporation PAC.