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1996 LAWS OF MARYLAND
(8) "Region" means the counties supporting a regional community college
established under Subtitle 3 of this title.
(9) "State share" means the amount of money for community college
operating funds to be provided each fiscal year to a board by the State.
(10) "Student credit hours" means student credit hours or contact hours
which are eligible, under the regulations issued by the Maryland Higher Education
Commission, for inclusion in State funding calculations.
(11) "Total State operating fund" means the sum of community college State
appropriations for direct grants and for challenge grants.
[(12) "Wealth" means wealth as determined for purposes of the State aid
calculated under § 5-202 of this article.]
(b) (1) The total State operating fund per full-time equivalent student to the
community colleges for each fiscal year as requested by the Governor shall be [not less
than an amount equal to the total State operating fund per full-time equivalent student in
the previous fiscal year]:
(I) IN FISCAL YEAR 1997 1998, NOT LESS THAN AN AMOUNT EQUAL
TO 22% 21% 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;
(II) IN FISCAL YEAR 1998 1999, NOT LESS THAN AN AMOUNT EQUAL
TO 23% 22% 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;
(III) IN FISCAL YEAR 1999 2000, NOT LESS THAN AN AMOUNT EQUAL
TO 24% 23% 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;
(IV) IN FISCAL YEAR 2001, NOT LESS THAN AN AMOUNT EQUAL TO 24%
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
(IV) (V) IN FISCAL YEAR 2000 2001 2002 AND EACH FISCAL YEAR
THEREAFTER, NOT LESS THAN AN AMOUNT EQUAL TO 24% 25% OF THE STATE'S
GENERAL FUND APPROPRIATION PER FULL-TIME EQUIVALENT STUDENT TO THE
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Ch. 7
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