Upon the filing of a timely and complete application for the Student Loan Debt Relief Tax Credit by a qualified taxpayer, the Commission shall review the application and certify to the individual the amount of any tax credit approved by the Commission. The Commission’s certification under §A of this regulation shall be issued by December 15 of the year in which the qualified taxpayer submitted an application. The amount of the tax credit approved by the Commission: May not exceed $5,000; and May be $0.00. The Commission shall prioritize tax credit recipients and amounts credited to each recipient in the following order: Qualified taxpayers who are State employees and graduated from institutions of higher education in the State where at least 40 percent of the attendees are eligible to receive federal Pell Grants; Qualified taxpayers who are State employees and are not described under §D(1) of this regulation; Qualified taxpayers who are not State employees and graduated from institutions of higher education in the State where at least 40 percent of the attendees are eligible to receive federal Pell Grants; and All other qualified taxpayers, who may be prioritized based on one or more of the following categories: Those who did not receive a tax credit in the prior year; Those who graduated from an institution of higher education located in the State; Those who were eligible for in-State tuition; and Those who have higher debt-burden-to-income ratios. For any taxable year, the Commission may not certify tax credits in an amount more than the maximum permitted under Tax-General Article, §10-740, Annotated Code of Maryland.