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provide oversight regarding the exercise of gubernatorial emergency powers.

This bill adds new oversight requirements to the Governor's emergency powers by requiring legislative review of decisions made during declared emergencies. The specific oversight mechanisms and limitations on the Governor's authority are detailed in the amended statute, though the excerpt provided doesn't show the complete final language of those new restrictions.

facilitate legislative oversight of settlement agreements involving a state entity or official.

HB1041 requires state agencies and officials to send copies of all settlement agreements to the Legislature's Executive Board and Government Operations and Audit Committee within 30 days of signing them. The bill also makes it illegal for settlement agreements to include confidentiality clauses that would prevent state officials from disclosing facts about these settlements to those legislative committees.