Regulates severance pay for state employees and officers and requires disclosure of certain employment contracts.

The bill, named the "State Employment Contract Regulation Act," limits severance pay for state employees and officers to 12 weeks of normal wages. It prohibits employment contracts that provide for higher severance pay or restrict disclosure of contract details. The bill also mandates that certain employment contracts be made public and submitted to legislative leaders. This act applies to contracts entered into after its effective date.

Regulates severance pay for state employees and officers and requires disclosure of certain employment contracts.

The bill, named the "State Employment Contract Regulation Act," limits severance pay for state employees and officers to 12 weeks of normal wages. It prohibits employment contracts that provide for higher severance pay or restrict disclosure of contract details. The bill also mandates that certain employment contracts be made public and submitted to legislative leaders. This act applies to contracts entered into after its effective date.