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House pauses Share Assessment Act after floor debate over notice by mail
Summary
Lawmakers circled House Bill 53, which clarifies procedures for assessing and enforcing corporate shares (notably water shares), after extended debate over whether notice of delinquency should require certified mail or return receipt. Sponsors and members agreed to send the bill back for drafting refinement.
House Bill 53, the Share Assessment Act, which updates rules for assessing corporate shares and procedures for enforcing unpaid assessments, was circuited on the House floor after members debated the standard for notice to shareholders.
Representative James Gowans, the bill sponsor, said the measure clarifies how both nonprofit and for‑profit corporate shares may be assessed and provides procedures for notice, sale, and a…
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