HARRY HUGHES, Governor

987

Defined terms: "Includes";"including" § 1-101
7-306. INSTITUTIONS FOR HIGHER EDUCATION.

(A)  SCOPE OF SECTION.

THIS SECTION APPLIES ONLY TO THE FOLLOWING:

(1)  MORGAN STATE UNIVERSITY;

(2)  ST. MARY'S COLLEGE OF MARYLAND; AND

(3)  THE BOARD OF TRUSTEES OF STATE UNIVERSITIES AND
COLLEGES AND THE INSTITUTIONS UNDER ITS JURISDICTION.

(B)  REVERSION OF APPROPRIATIONS FROM GENERAL FUND.

AT THE END OF A FISCAL YEAR, THE UNENCUMBERED BALANCE OF
EACH APPROPRIATION FROM THE GENERAL FUND, INCLUDING AN AMOUNT
RECEIVED AS REIMBURSEMENT OF STATEWIDE INDIRECT COSTS, TO THE
BOARD OR ANY OF THESE INSTITUTIONS REVERTS TO THE GENERAL FUND OF
THE STATE.

(C)  OTHER APPROPRIATIONS EXEMPTED.

THE UNENCUMBERED BALANCE OF ANY OTHER APPROPRIATION TO THE
BOARD OR THESE INSTITUTIONS:

(1)  DOES NOT REVERT TO THE GENERAL FUND OF THE STATE;

(2)  SHALL BE AVAILABLE AS PROVIDED IN THE STATE
BUDGET OR THROUGH AN APPROVED BUDGET AMENDMENT; AND

(3)  SHALL BE REPORTED BY THE BOARD OR INSTITUTION TO
THE STATE COMPTROLLER AT THE END OF EACH FISCAL YEAR.

REVISOR'S NOTE: Subsection (a) of this section is new
language added to avoid repetition of the names of the
governing board and institutions to which this section
applies.

Subsections (b) and (c) of this section are new
language derived without substantive change from
former Art. 15A, § 2(b).

In subsections (b) and (c)(1) of this section, the
term "General Fund" is substituted for the former
references to the "general treasury", to conform to
references elsewhere in this article.

Defined terms: "Includes";"including" § 1-101

7-307. NEW OR SUBSTANTIALLY RENOVATED FACILITY.