The Department of Corrections shall adopt rules regarding the administration of education incentive time; provided, however, the department may not propose rules until the department has consulted with the Joint Legislative Prison Oversight Committee, created pursuant to Section 29-2-20. The rules shall include, but are not limited to, specifying the maximum amount of time a sentence may be reduced based on the successful completion of a qualifying program, determining the incremental credit awarded depending on the program complexity and length, establishing a revocation provision for disciplinary infractions, and adopting any additional restrictions at the discretion of the commissioner. The final rules shall be certified to the Legislative Services Agency no later than March 1, 2022.