HARRY HUGHES, Governor

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thereafter; deleting obsolete provisions and making
conforming and clarifying changes; altering certain
provisions relating to audit reports and management letters
for community colleges; and generally relating to funding of
community colleges.

BY repealing and reenacting, with amendments,

Article - Education

Section 16-403, 16-404, and 16-405 16-405, and 16-409(b) and

Annotated Code of Maryland

(1978 Volume and 1984 Supplement) (1985 Replacement Volume)

BY adding to

Article - Education
Section 16-403.1
Annotated Code of Maryland
(1978 Volume and 1984 Supplement) (1985 Replacement Volume)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Article - Education

16-403.

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

(2)  "County share" means the minimum amount of money
to be provided each year to a community college by the county
that supports the community college or, in the case of a regional
community college, the total amount of money to be provided each
year to the regional community college by all counties that
support the regional community college.

(3)   ["Population" means population as determined by
the 1970 census.

(4)] "State share" means the amount of money to be
provided each year to a community college by the State.

(b)  (1) In this section, the following computations shall
be made in the manner indicated.

(2) "Current expenses" is the [product of the per
student operating cost of the community college for the current
fiscal year multiplied by the number of full-time equivalent
students enrolled at the community college] ADJUSTED CURRENT
GENERAL UNRESTRICTED OPERATING EXPENDITURES MADE BY THE COMMUNITY
COLLEGE IN ACCORDANCE WITH THE APPROVED BUDGET in the current
fiscal year.