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2006 LAWS OF MARYLAND
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Ch. 333
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3. In fiscal year [2006] 2009, [and each fiscal year
thereafter,] not less than an amount equal to [25%] 27% 26.25% of the State's General
Fund appropriation per full-time equivalent student to the 4-year public institutions
of higher education in the State[,] as designated by the Commission for the purpose
of administering the Joseph A. Sellinger Program under Title 17 of this article in the
previous fiscal year;
4. IN FISCAL YEAR 2010, NOT LESS THAN AN AMOUNT EQUAL
TO 28% 27% OF THE STATE'S GENERAL FUND APPROPRIATION PER FULL-TIME
EQUIVALENT STUDENT TO THE 4-YEAR PUBLIC INSTITUTIONS OF HIGHER
EDUCATION IN THE STATE AS DESIGNATED BY THE COMMISSION FOR THE PURPOSE
OF ADMINISTERING THE JOSEPH A. SELLINGER PROGRAM UNDER TITLE 17 OF THIS
ARTICLE IN THE PREVIOUS FISCAL YEAR;
5. IN FISCAL YEAR 2011, NOT LESS THAN AN AMOUNT EQUAL
TO 29% 28% OF THE STATE'S GENERAL FUND APPROPRIATION PER FULL-TIME
EQUIVALENT STUDENT TO THE 4-YEAR PUBLIC INSTITUTIONS OF HIGHER
EDUCATION IN THE STATE AS DESIGNATED BY THE COMMISSION FOR THE PURPOSE
OF ADMINISTERING THE JOSEPH A. SELLINGER PROGRAM UNDER TITLE 17 OF THIS
ARTICLE IN THE PREVIOUS FISCAL YEAR; AND
6. IN FISCAL YEAR 2012 AND IN EACH FISCAL YEAR
THEREAFTER, NOT LESS THAN AN AMOUNT EQUAL TO 30% 29% OF THE STATE'S
GENERAL FUND APPROPRIATION PER FULL-TIME EQUIVALENT STUDENT TO THE
4-YEAR PUBLIC INSTITUTIONS OF HIGHER EDUCATION IN THE STATE AS
DESIGNATED BY THE COMMISSION FOR THE PURPOSE OF ADMINISTERING THE
JOSEPH A. SELLINGER PROGRAM UNDER TITLE 17 OF THIS ARTICLE IN THE
PREVIOUS FISCAL YEAR; AND
7. IN FISCAL YEAR 2013 AND IN EACH FISCAL YEAR
THEREAFTER NOT LESS THAN AN AMOUNT EQUAL TO 30% OF THE STATE'S GENERAL
FUND APPROPRIATION PER FULL-TIME EQUIVALENT STUDENT TO THE 4-YEAR
PUBLIC INSTITUTIONS OF HIGHER EDUCATION IN THE STATE AS DESIGNATED BY
THE COMMISSION FOR THE PURPOSE OF ADMINISTERING THE JOSEPH A.
SELLINGER PROGRAM UNDER TITLE 77 OF THIS ARTICLE IN THE PREVIOUS FISCAL
YEAR.
(ii) For purposes of this subsection, the State's General Fund
appropriation per full-time equivalent student to the 4-year public institutions of
higher education in the State for the previous fiscal year shall reflect any
amendments or reductions to the appropriation for the previous fiscal year.
(2) The State share shall be distributed to each board and shall be
limited by the provisions of subsection (d) of this section.
(3) Subject to subsection (d) of this section, the total State share for each
board shall be the sum of:
(i) The fixed costs component;
(ii) The marginal costs component;
- 1794 -
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