(1) For taxable years beginning after December 31, 1991, an expanding corporation is one which:

(a) was registered to do business in Montana at least one year prior to claiming a credit under 15-31-124 through 15-31-127 , MCA;

(b) has at all times prior to claiming credit under 15-31-124 through 15-31-127 , MCA, complied with the requirements of Title 35, chapter 1, MCA, as amended; and

(c) has at all times prior to claiming credit under 15-31-124 through 15-31-127 , MCA, complied with the requirements of Title 15, chapter 31, MCA, as amended.

(2) Expanding means to enlarge the facilities or to diversify the products of a corporation which has done business in Montana at least one year prior to claiming credit under 15-31-124 through 15-31-127 , MCA, by increasing total full times jobs attributable to Montana by 30% or more. The increase shall be measured as a percentage increase of full time jobs held with the corporation in Montana or attributable to Montana. The department shall recognize only full-time jobs in determining eligibility for credit under 15-31-124 through 15-31-127 , MCA.