PARRIS N. GLENDENING, Governor

Ch. 7

Article - Education

Section 16-406

Annotated Code of Maryland

(1992 Replacement Volume and 1995 Supplement)

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

Article - Education

16-403.

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

(1)     "Assessed valuation of real property" means assessed valuation of real
property as determined for purposes of the State aid calculated under § 5-202 of this
article.

(2)     "Board" means:

(i) In a county that has 1 or more community colleges, the board of
community college trustees for the county; or

(ii) Where 2 or more counties establish a region to support a regional
community college, the board of regional community college trustees.

(3)     "Community college" means a community college established under this
title but does not include Baltimore City Community College.

(4)     "County share" means the total amount of money for operating funds to
be provided each fiscal year to a board by the county that supports the community college
or colleges or, in the case of a regional community college, the total amount of money for
operating funds to be provided each fiscal year to the board by all counties that support
the regional community college.

(5)     "Direct grants" means the sum of the following components of the State
share:

(i)     Fixed costs;

(ii)    Marginal costs; AND

(iii)   Size factor[; and

(iv)    Wealth factor].

(6)     "Full-time equivalent student" is the quotient of the number of student
credit hours produced in the fiscal year 2 years prior to the fiscal year for which the State
share is calculated divided by 30, as certified by the Maryland Higher Education
Commission.

(7)     "Population" means population as determined for purposes of
calculating the State share of the library program using the definition in § 23-401 of this
article.

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