The Governor's Office of Economic Development may promulgate rules pursuant to chapter 1-26 concerning the ethanol infrastructure incentive fund as follows:
(1) The submission of grant applications for the ethanol infrastructure incentive fund;
(2) Eligibility criteria for grants from the ethanol infrastructure incentive fund;
(3) Application procedures for grants from the ethanol infrastructure incentive fund;
(4) Criteria for determining which applicants will receive grants from the ethanol infrastructure incentive fund; and
(5) Follow-up reporting to the Governor's Office of Economic Development by grant recipients.