(1) The department of commerce herein adopts and incorporates by this reference the Montana Treasure State Endowment Program 2000/2001 Application Guidelines, as amended in February 2000, published by it as rules governing the submission and review of applications under the TSEP program.

(2) The rules incorporated by reference in (1) above, relate to the following:

(a) estimated amount of TSEP funds available in FY 2000 and 2001;

(b) eligible applicants and projects;

(c) application scoring system and ranking criteria;

(d) forms of financial assistance available under TSEP;

(e) general requirements for TSEP applications;

(f) application review process; and

(g) guidelines for applying for matching grants for preliminary engineering work.

(3) Copies of the regulations adopted by reference in (1) of this rule may be obtained form the Department of Commerce, Community Development Division, PO Box 200501, Helena, Montana 59620-0501.