(2) "FTE TEACHER AMOUNT" MEANS FOR EACH LOCAL EDUCATION
AGENCY, THE GREATER OF:

(I) 130% OF THE STANDARD SALARY FOR A 10-MONTH, FIRST-YEAR
TEACHER WITH A BACHELOR'S DEGREE IN THE YEAR PRECEDING THE YEAR FOR
WHICH FUNDS ARE PROVIDED IN THAT LOCAL EDUCATION AGENCY; OR

(II) $39,000.

(3) "READING FACTOR" MEANS THE TOTAL ENROLLMENT IN FIRST
GRADE AND SECOND GRADE ON SEPTEMBER 30 OF THE PREVIOUS FISCAL YEAR

(4) "MATHEMATICS FACTOR" MEANS THE NUMBER OF MIDDLE SCHOOLS
AND HIGH SCHOOLS IN A LOCAL EDUCATION AGENCY WITH A SEVENTH GRADE.

(5) (4) "PROFESSIONAL DEVELOPMENT, MATERIALS, AND FACILITIES
COMPONENT" MEANS AN AMOUNT INTENDED TO COVER COSTS ASSOCIATED WITH
CLASS SIZE REDUCTION EXPENSES OTHER THAN PERSONNEL COSTS.

(B) THERE IS A MARYLAND LEARNING SUCCESS PROGRAM.

(C) THE PURPOSE OF THE MARYLAND LEARNING SUCCESS PROGRAM IS TO
PROVIDE GRANTS THAT WILL ASSIST LOCAL EDUCATION AGENCIES "TO REDUCE
CLASS SIZES FOR READING INSTRUCTION IN THE FIRST AND SECOND GRADES AND
MATHEMATICS INSTRUCTION IN THE SEVENTH GRADE. 

(D) (1) THE MAXIMUM MARYLAND LEARNING SUCCESS PROGRAM GRANT TO
EACH LOCAL EDUCATION AGENCY SHALL CONSIST OF;

(I) A READING COMPONENT; AND 

(II) A MATHEMATICS COMPONENT; AND

(III) FOR FISCAL YEARS 2001, 2002, AND 2003 ONLY, A PROFESSIONAL
DEVELOPMENT, MATERIALS, AND FACILITIES COMPONENT.

(2) FOR FISCAL YEAR 2003 AND EACH SUBSEQUENT FISCAL YEAR, THE
AMOUNT OF THE MAXIMUM MARYLAND LEARNING SUCCESS PROGRAM GRANT
SHALL BE REDUCED 5 PERCENT FOR EACH -6- 1 PERCENT BY WHICH THE
PERCENTAGE OF TOTAL TEACHERS IN THE LOCAL EDUCATION AGENCY WHO ARE
PROVISIONALLY CERTIFIED EXCEEDS 2 PERCENT AS OF DECEMBER 1 OF THE
PREVIOUS FISCAL YEAR.

(3) THE READING COMPONENT SHALL BE CALCULATED AS FOLLOWS:

(I) FOR FISCAL YEAR 2001, BY DIVIDING THE READING FACTOR
FOR THE LOCAL EDUCATION AGENCY BY 450 750 AND MULTIPLYING THE RESULT BY
THE FTE TEACHER AMOUNT FOR THE LOCAL EDUCATION AGENCY;

(II) FOR FISCAL YEAR 2002, BY DIVIDING THE READING FACTOR
FOR THE LOCAL EDUCATION AGENCY BY 309 375 AND MULTIPLYING THE RESULT BY.
THE FTE TEACHER AMOUNT FOR THE LOCAL EDUCATION AGENCY; AND