An interim replacement for Texas Comptroller Glenn Hegar, who is leaving the elected position at the end of June, joined the office on Thursday.
Kelly Hancock, a Republican who resigned as a state senator on Wednesday, was sworn in as the chief clerk of the comptroller's office, putting him in position to assume the role of acting comptroller on July 1.
Hegar, who will become
"As a long-serving member of the Texas Legislature, he helped shape sound financial policy and authored the state's conservative spending cap legislation," Hegar said in a statement. "Having worked alongside Kelly over the years, I know he brings a deep respect for the taxpayers of this state, a strong background in both business and public policy, and a steady hand to any office he holds."
Hancock, a state lawmaker since 2006, served on the budget-writing Senate Finance Committee for a decade and on the Legislative Budget Board for five years.
"Comptroller Hegar has set a high bar for excellence in fiscal stewardship, and I'm committed to upholding that standard," Hancock said in a statement.
The comptroller's office oversees the triple-A-rated state's treasury, provides revenue estimates for the Texas biennial budget, and manages programs, including a $1 billion private-school voucher program passed by the legislature this year.
The office is also responsible for maintaining a list of financial firms determined to be
Hegar and Texas Attorney General Ken Paxton
Hancock on Thursday launched a campaign to run for comptroller in the March 2026 primary election. Republican Gov. Greg Abbott endorsed Hancock, saying he will be "a guardian of the taxpayers for whom he works as well as the state finances he is charged to oversee."
Texas Railroad Commissioner Christi Craddick and former Republican state Sen. Don Huffines have also announced their bids for the office.
