(1) Any area technical college operating or organized and operating as such during the entire school year may be reimbursed by the state in an amount specified annually by the general assembly pursuant to section 23-18-304. Such reimbursement must not exceed the total direct cost of the vocational program per FTE.(2) Distributions made under this section shall be only for students with a declared objective in approved occupational courses and shall not include students enrolled with avocational objectives.L. 75: Entire article added, p. 763, § 1, effective July 1. L. 77: (1) amended, p. 1128, § 1, effective July 1. L. 80: (1) amended, p. 574, § 1, effective July 1. L. 87: (1) amended, p. 840, § 3, effective June 16. L. 94: (1) amended, p. 487, § 2, effective March 31. L. 2014: (1) amended, (HB 14-1319), ch. 169, p. 612, § 8, effective May 9. L. 2016: (1) amended, (HB 16-1082), ch. 58, p. 151, § 37, effective August 10.