The percent specified in this subparagraph for a State for a year is equal to the Federal medical assistance percentage (as defined in the first sentence of subsection (b)) for the State increased by a number of percentage points equal to the transition percentage (specified in clause (ii) for the year) of the number of percentage points by which—
(I)#
such Federal medical assistance percentage for the State, is less than
(II)#
the percent specified in subsection (y)(1) for the year.