PARRIS N. GLENDENING, Governor

Ch. 331

(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.

[(b)](C) (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:

(i) In Fiscal Year 1998, not less than an amount equal to 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 1999, not less than an amount equal to 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 2000, not less than an amount equal to 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

(v) In Fiscal Year 2002 and each fiscal year thereafter, not less than an
amount equal to 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.

(2) The State share shall be distributed to each board and shall be limited
by the provisions of subsection (c) of this section.

(3) Subject to subsection (c) 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;

(iii) The size factor component; and

(iv) A hold harmless component.

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