To be eligible for a grant under this subpart, the State must have an approved Medicare supplemental regulatory program under section 1882 of the Act and submit a timely application to CMS that meets the requirements of--
(a) Section 4360 of Public Law 101-508 (42 USC 1395b-4);
(b) This subpart; and
(c) The applicable solicitation for grant applications issued by CMS.