17-303.

AN AFFILIATED FOUNDATION OF AN ELIGIBLE INSTITUTION THAT RECEIVES
STATE PAYMENTS SHALL PROVIDE TO THE MARYLAND HIGHER EDUCATION
COMMISSION AN ANNUAL AUDIT OF ALL PLEDGED AND PAID AMOUNTS AND THEIR
SOURCES, AND A COPY OF THE ANNUAL AUDIT SHALL BE PROVIDED TO THE
LEGISLATIVE AUDITOR

17-304.

(A) AMOUNTS PAID BY THE STATE UNDER THIS SUBTITLE MAY BE APPLIED TO
ANY ELIGIBLE PROGRAM AT THE ELIGIBLE INSTITUTION TO WHICH THE PAYMENT IS
MADE.

(B) NO MORE THAN ONE-HALF OF THE TOTAL AMOUNT TO BE PAID BY THE
STATE UNDER PROVISIONS OF THIS SUBTITLE MAY BE APPROPRIATED IN ANY
FISCAL YEAR THE PROVISIONS OF § 7-302 OF THE STATE FINANCE AND
PROCUREMENT ARTICLE DO NOT APPLY TO UNUSED PROGRAM FUNDS.

17-305.

AMOUNTS PAID BY THE STATE TO AN ELIGIBLE INSTITUTION UNDER THIS
SUBTITLE MAY NOT DIRECTLY OR INDIRECTLY REDUCE THE STATE GENERAL FUND
OR CAPITAL FUND SUPPORT FOR THE ELIGIBLE INSTITUTION.

17-306.

THE MARYLAND HIGHER EDUCATION COMMISSION SHALL:

(1) ADOPT REGULATIONS NECESSARY FOR THE ADMINISTRATION OF
THIS SUBTITLE; AND

(2) SUBMIT TO THE GOVERNOR AND, IN ACCORDANCE WITH § 2-1246 OF
THE STATE GOVERNMENT ARTICLE, TO THE GENERAL ASSEMBLY AN ANNUAL
REPORT SUMMARIZING THE TOTAL AMOUNT OF FUNDS PLEDGED BY ELIGIBLE
PRIVATE DONORS AND TOTAL AMOUNT OF FUNDS RAISED.

Article - State Finance and Procurement

3-401.

(a) This subtitle does not apply to changes relating to or the purchase, lease,
or rental of information technology by:

(1) [the University College of the University System of Maryland for use
in University College overseas programs;

(2) ] public institutions of higher education solely for academic or research
purposes; [or

(3) ] (2) the Maryland Port Administration; OR OR

(3) THE UNIVERSITY SYSTEM OF MARYLAND; OR.

(4) MORGAN STATE UNIVERSITY.