(a) If a person is incarcerated for an eligible felony, whether by an immediate commitment or after his or her probation is revoked, and after he or she is moved to community supervision through parole or transfer by the Parole Board, or if he or she is placed on probation, he or she is immediately eligible to begin earning daily credits that shall count toward reducing the number of days he or she is otherwise required to serve until he or she has completed the sentence.

(b)

(1) Credits equal to thirty (30) days per month for every month that the offender complies with court-ordered conditions and a set of predetermined criteria established by the Department of Community Correction in consultation with judges, prosecuting attorneys, and defense counsel shall accrue while the person is on parole or probation.

(2) The department shall calculate the number of days the person has remaining to serve on parole or probation before that person completes his or her sentence.

(3) The number of days shall be recalculated on a monthly basis to reflect the application of any credits earned under this subchapter.

(c) (1) (A) The department shall have sole discretion to forfeit any credits a person earns under this subchapter unless otherwise provided for in this section.

(B) The award or forfeiture of any credits earned under this subchapter is not subject to appeal or judicial review.

(2) A person convicted of another felony offense while on parole or probation may result in the forfeiture of any credits earned under this subchapter.