Sec. 4. Before May 1, 2024, the commission and the department shall do the following: (1) Develop the designation required by section 3 of this chapter. (2) Establish and publicize the criteria for awarding the designation. (3) Prescribe the form and manner of applying for a designation. (4) Make the process for applying for a designation available to interested state educational institutions, approved postsecondary educational institutions, or other postsecondary educational institutions on the commission's website. As added by P.L.49-2023, SEC.1.