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PARRIS N. GLENDENING, Governor
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Ch. 492
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(II) A COUNTY BOARD SHALL RECEIVE ITS HOLD HARMLESS
COMPONENT REGARDLESS OF WHETHER IT MEETS THE LOCAL MATCH
REQUIREMENT ESTABLISHED UNDER SUBSECTION (F)(2) OF THIS SECTION
(5) THE GOVERNOR'S TEACHER SALARY CHALLENGE GRANT TO A LOCAL
EDUCATION AGENCY SHALL INCLUDE A HOLD HARMLESS COMPONENT EQUAL TO
THE AMOUNT, IF ANY, BY WHICH THE LOCAL EDUCATION AGENCY'S STATE SHARE OF
BASIC CURRENT EXPENSE CALCULATED UNDER § 5-202 OF THIS SUBTITLE FOR THE
YEAR OF THE GOVERNOR'S TEACHER SALARY CHALLENGE GRANT IS LESS THAN THE
LOCAL EDUCATION AGENCY'S STATE SHARE OF BASIC CURRENT EXPENSE
CALCULATED UNDER § 5-202 OF THIS SUBTITLE FOR THE PREVIOUS YEAR.
(6) (5) (I) THE GOVERNOR'S TEACHER SALARY CHALLENGE GRANT
TO A LOCAL EDUCATION AGENCY COUNTY BOARD SHALL CONTAIN A DISTRESSED
JURISDICTION COMPONENT EQUAL TO $25 TIMES THE LOCAL EDUCATION AGENCY'S
FULL-TIME EQUIVALENT ENROLLMENT IF: TARGETED COMPONENT AS PROVIDED IN
SUBPARAGRAPHS (II) AND (III) THROUGH (V) OF THIS PARAGRAPH.
(I) THE LOCAL EDUCATION AGENCY'S FULL-TIME EQUIVALENT
ENROLLMENT FOR THE YEAR OF THE GOVERNOR'S TEACHER SALARY CHALLENGE
GRANT IS LESS THAN ITS FULL-TIME EQUIVALENT ENROLLMENT FOR THE PREVIOUS
YEAR; AND
(II) THE LOCAL EDUCATION AGENCY'S WEALTH PER PUPIL FOR
THE YEAR OF THE GOVERNOR'S TEACHER SALARY CHALLENGE GRANT IS LESS THAN
THE WEALTH PER PUPIL FOR THE STATE AS A WHOLE.
(II) FOR FISCAL YEAR 2001 AND FISCAL YEAR 2002, THE GOVERNOR
SHALL INCLUDE IN THE STATE BUDGET AT LEAST $5,000,000 FOR THE TARGETED
COMPONENT
(II) FOR FISCAL YEAR 2001, THE GOVERNOR SHALL INCLUDE IN
THE ANNUAL BUDGET BILL AN APPROPRIATION OF AT LEAST $5,300,000 FOR THE
TARGETED COMPONENT.
(III) FOR FISCAL YEAR 2002, THE GOVERNOR SHALL INCLUDE IN
THE ANNUAL BUDGET BILL AN APPROPRIATION OF AT LEAST $10,600,000 FOR THE
TARGETED COMPONENT
(III) (IV) THE COUNTY BOARD IN EACH COUNTY THAT HAS A
WEALTH PER PUPIL THAT IS LESS THAN 75 PERCENT OF THE STATEWIDE WEALTH
PER PUPIL SHALL RECEIVE A PROPORTIONATE SHARE OF THE TARGETED
COMPONENT THAT IS EQUAL TO THE COUNTY BOARD'S PROPORTIONAL SHARE OF
THE SUM OF THE TOTAL FULL-TIME EQUIVALENT ENROLLMENT FOR ALL COUNTIES
WITH A WEALTH PER PUPIL THAT IS LESS THAN 75 PERCENT OF THE STATEWIDE
WEALTH PER PUPIL.
(V) A COUNTY BOARD SHALL RECEIVE ITS PROPORTIONATE SHARE
OF THE TARGETED COMPONENT REGARDLESS OF WHETHER IT MEETS THE LOCAL
MATCH REQUIREMENT ESTABLISHED UNDER SUBSECTION (F)(2) OF THIS SECTION.
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- 2593 -
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