MARVIN MANDEL, Governor                               1975

FISCAL YEARS, THE AMOUNT OF THE ANNUAL APPORTIONMENT TO
EACH INSTITUTION MEETING THE REQUIREMENTS OF SECTION 66
OF THIS ARTICLE SHALL BE COMPUTED BY MULTIPLYING (1) THE
NUMBER OF FULL-TIME EQUIVALENT STUDENTS ENROLLED BY THE
INSTITUTION DURING THE FALL SEMESTER OF THE FISCAL YEAR
NEXT PRECEDING THE FISCAL YEAR FOR WHICH THE
APPORTIONMENT IS HADE, AS DETERMINED BY THE MARYLAND
COUNCIL FOR HIGHER EDUCATION, BY (2) AN AMOUNT EQUAL TO
15 PERCENT OF THE STATE'S GENERAL FUND PER FULL-TIME
EQUIVALENT PUPIL APPROPRIATION TO THE FOUR YEAR PUBLIC
COLLEGES IN MARYLAND FOR THE PRECEDING FISCAL YEAR.
FULL-TIME EQUIVALENT STUDENTS ENROLLED IN SEMINARIAN OR
THEOLOGICAL ACADEMIC PROGRAMS SHALL BE EXCLUDED FROM THE
COMPUTATION.

[[(B) FOR FISCAL YEAR 1975, THE APPORTIONMENT SHALL
BE AS FOLLOWS: FIRST, THE APPORTIONMENT SHALL BE
CALCULATED IN ACCORDANCE WITH SECTION 67(A); SECOND, THE
AMOUNT APPORTIONED TO EACH INSTITUTION SHALL BE ADJUSTED
BY THE SAME PROPORTION THAT THE TOTAL APPORTIONMENT, AS
SO CALCULATED, IS TO $2,914,800; THIRD, THE APPORTIONMENT
SHALL BE CALCULATED IN ACCORDANCE WITH SECTION 67 OF
ARTICLE 77A, AS REPEALED IN SECTION 2 OF THIS ACT, THE
APPORTIONMENT FOR FISCAL YEAR 1975 SHALL BE THAT
CALCULATED IN ACCORDANCE WITH SECTION 67(A), WITH THE
ADJUSTMENTS SET FORTH ABOVE. HOWEVER, TO THE EXTENT

ADDITIONAL FUNDS ARE PROVIDED IN THE STATE BUDGET FOR
FISCAL YEAR 1975, NO INSTITUTION SHALL RECEIVE LESS THAN
IT WOULD HAVE RECEIVED UNDER SECTION 67, AS REPEALED IN
SECTION 2 OF THIS ACT.]]

SECTION 4. AND BE IT FURTHER ENACTED, That for

fiscal year 1975, the apportionment shall be as follows:

First, the apportionment shall be calculated in

accordance with Section 67 of Article 77A of the

Annotated Code, as added by Section 3 of this Act;

second, the amount apportioned to each institution shall

be adjusted by the same proportion that the total

apportionment, as so calculated is to $2,914,800; third,
the apportionment shall be calculated in accordance with

Section 67 of Article 77A as repealed by Section 2 of

this Act. The apportionment for fiscal year 1975 shall

be that calculated in accordance with Section 67 as added

by Section 3 of this Act, with the adjustments set forth

above. However, to the extent additional funds are

provided in the State budget for fiscal year 1975, no

institution shall receive less than it received for

fiscal year 1974 under Section 67, as repealed by Section

2 of this Act.

SECTION [[4]] 5. AND BE IT FURTHER ENACTED, That
this Act shall take effect July 1, 1974.