HARRY HUGHES, Governor

1909

CHAPTER 531

(House Bill 1737)

AN ACT concerning

State Financial Assistance for Public Education

FOR the purpose of altering the State and local shares for
basic current expenses for public education; defining
certain terms; establishing additional formulas for the
calculation of State educational aid; prohibiting
Prince George's County from decreasing the funds
appropriated to its Board of Education in fiscal year
1981; generally relating to State financial assistance
for public education; providing for the severability of
this Act; and providing that this Act is contingent
upon a certain appropriation in the Budget Bill. and
contingent upon the passage of another Act.

BY repealing and reenacting, with amendments,

Article - Education
Section 5-202(a) and (b)
Annotated Code of Maryland
(1978 Volume and 1979 Supplement)

BY adding to

Article - Education

Section 5-202(d), (e), and (f), and (g), and (h)

Annotated Code of Maryland

(1978 Volume and 1979 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That section(s) of the Annotated Code of Maryland
be repealed, amended, or enacted to read as follows:

Article - Education

5-202.

(a) (1) In this section the following words have the
meanings indicated.

(2) "Adjusted assessed valuation of real
property" means the most recent estimate made by the State
Department of Assessments and Taxation before the annual
State budget is submitted to the General Assembly, of the
assessed value of real property for State purposes as of
July 1 of the first completed fiscal year before the school
year for which the calculation of State aid is made under