(1) The department adopts and incorporates by reference the Big Sky Economic Development Trust Fund Application Guidelines, with the most current guidelines being posted on the Big Sky Economic Development Trust Fund web site, as rules governing the submission and review of applications under the program.

(2) The guidelines incorporated by reference relate to the following:

(a) program inquiries;

(b) program funding;

(c) application deadlines;

(d) eligibility;

(e) program requirements;

(f) penalties;

(g) application procedures;

(h) review of applications; and

(i) procedures for accessing funds.