ROBERT L. EHRLICH, JR., Governor                          H.B. 1188

the State for the previous fiscal year shall reflect any amendments or reductions to
the appropriation for the previous fiscal year.

17-104.

(a)     The Maryland Higher Education Commission shall compute the amount of
the annual apportionment for each institution that qualifies under this subtitle by
multiplying:

(1)     The number of full-time equivalent students enrolled at the
institution during the fall semester of the fiscal year preceding the fiscal year for
which the aid apportionment is made, as determined by the Maryland Higher
Education Commission times;

(2)     (i) In each of fiscal years 2003 and 2004, an amount not less than
14.3% of the State's General Fund per full-time equivalent student appropriation to
the 4-year public institutions of higher education in this State for the preceding fiscal
year;

(ii) In fiscal year 2005, an amount not less than 15.2% of the State's
General Fund per full-time equivalent student appropriation to the 4-year public
institutions of higher education in this State for the preceding fiscal year; and

(iii) In fiscal year 2006 and each fiscal year thereafter, an amount
not less than 16% of the State's General Fund AND HIGHER EDUCATION INVESTMENT
FUND APPROPRIATIONS per full-time equivalent student [appropriation] to the
4-year public institutions of higher education in this State for the preceding fiscal
year.

(b)     Full-time equivalent students enrolled in seminarian or theological
programs shall be excluded from the computation required by subsection (a) of this
section.

(c)      Payments of State general funds under Subtitle 3 of this title shall be
excluded from the computation required by subsection (a) of this section.
(d) For purposes of this section, the State's General Fund [appropriation]

AND HIGHER EDUCATION INVESTMENT FUND APPROPRIATIONS per full-time
equivalent student to the 4-year public institutions of higher education in the State
for the previous fiscal year shall reflect any amendments or reductions to the
appropriation for the previous fiscal year.

SECTION 2. AND BE IT FURTHER ENACTED, That the Laws of Maryland
read as follows:

Article - Tax - General

2-613.1.

AFTER MAKING THE DISTRIBUTION REQUIRED UNDER § 2-613 OF THIS
SUBTITLE, THE COMPTROLLER SHALL DISTRIBUTE TO THE HIGHER EDUCATION

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