HARRY HUGHES, Governor                               2863

providing for the legislative appropriation of the
revenues derived through the sale of abandoned property
for State aid to education; and making this bill a
supplementary appropriation bill.

BY repealing and reenacting, with amendments,

Article - Education

Section 16-403(c)

Annotated Code of Maryland

(1978 Volume and 1980 Supplement)

BY repealing and reenacting, with amendments,

Article - Commercial Law

Section 17-103, 17-105, 17-106, 17-107, 17-108, 17-110,

17-111, 17-112, 17-118, 17-120(a), 17-121,

17-123, and 17-127
Annotated Code of Maryland
(1975 Volume and 1980 Supplement)

BY adding to

Article - Commercial Law

Section 17-101(1), 17-112.1, and 17-114.1

Annotated Code of Maryland

(1975 Volume and 1980 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That section(s) of the Annotated Code of Maryland
be repealed, amended, or enacted to read as follows:

Article - Education

16-403.

(c) (1) Except as otherwise provided in this
subsection, the State share is 50 percent of the current
expenses of each community college, but not more than
[$850] $895 per full-time equivalent student, EXCEPT
THAT FOR FISCAL YEAR 1982 ONLY THE STATE SHARE SHALL NOT
EXCEED $878 PER FULL-TIME EQUIVALENT STUDENT.

(2) The State share is 55 percent of the current
expenses, but not more than [$1,305] $1,401 per
full-time equivalent student for, EXCEPT THAT FOR FISCAL
YEAR 1982 ONLY THE STATE SHARE SHALL NOT EXCEED $1,384 PER
FULL-TIME EQUIVALENT STUDENT FOR;

(i) Any community college with less than
500 full-time equivalent students if the county in which the
community college is located has a population of less than
50,000; and