(1) (i) In fiscal year 2022, the Governor may include in the State budget for each community college supplemental funding in an amount equal to the lesser of $ 250,000 for each campus of each community college or the amount donated under subsection (d) of this section in fiscal years 2020 and 2021. (ii) In fiscal year 2024, the Governor may include in the State budget for each community college supplemental funding equal to the lesser of $ 250,000 foreach campus of each community college or the amount donated under subsection (d) of this section in fiscal years 2022 and 2023. (2) For purposes of calculating the Governor's appropriation under this subsection, an amount donated by an eligible donor may be counted only for the fiscal year in whichit was pledged. (3) The Governor's appropriation shall be used to further the purpose of the Program. (4) The supplemental funding authorized under this subsection is in addition to the State funding provided to each community college under § 16-305 of this subtitle or Subtitle 5 of this title. (5) For fiscal years 2022 and 2024, the Governor shall identify in the annual budget how the revenue authorized under this subsection is being used to supplement and not supplant the appropriation for each community college. (f) Regulations. -- The Commission shall adopt regulations to implement the Program. (g) Report. -- (1) On or before September 1, 2022, and on or before September 1, 2024, the Commission shall submit a report to the Governor and, in accordance with § 2-1257 of the State Government Article, the General Assembly. (2) The report submitted under this subsection shall summarize for each community college the total amount of funds raised for the Program and how those funds were spent.
Made with FlippingBook - Online catalogs