(1) The department of commerce herein adopts and incorporates by this reference the Montana Treasure State Endowment Program 1998 Application Guidelines published by it as rules for the administration of the TSEP program.

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

(a) definitions of terms;

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

(c) eligible applicants and projects;

(d) application scoring system and ranking criteria;

(e) forms of financial assistance available under TSEP;

(f) general requirements for TSEP applications; and

(g) application review process.

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