In this report of Southern Regional Education Board state legislative action in 1977, an end-of-sessions summary is offered for these states: Virginia, Georgia, Mississippi, Arkansas, West Virginia, Maryland, Alabama, Tennessee, Texas, South Carolina, Florida, North Carolina, and Louisiana. Higher education shared in the benefits of an improved economy, and in most states higher education's budget increases matched or exceeded those of the overall state budget. This report reviews the status of: budgets in general; higher education appropriations; sunset legislation; state assistance for private higher education coordination and governance; veterinary medicine; and tuition and tuition waivers. (LBH)