(a) The department and the Department of Information Resources shall cooperate to evaluate the feasibility of an on-line application system for the low income housing tax credit program to provide the following functions:
(1) filing of preapplications and applications on-line;
(2) posting of on-line preapplication or application status and the application log detailing the status of, and department’s evaluations and scores pertaining to, those applications; and
(3) posting of comments from applicants and the public regarding a preapplication or application.
(b) The department shall determine the process for allowing access to on-line preapplications and applications, information related to those applications, and department decisions relating to those applications.

(c) In the application cycle following the date any on-line application system becomes operational, the department shall require use of the system for submission of preapplications and applications under this subchapter.
(d) The department shall publish a status report on the implementation of the on-line application on the department’s website not later than January 1, 2002.
(e) Before the implementation of the on-line application system, the department may implement the requirements of § 2306.6717 in any manner the department considers appropriate.