Legislative Approval of Settlements

No office, department, instrumentality, agency, institution, board, bureau, commission, council, authority, committee of territorial government, or branch of the government of Guam may enter into any consent decree, stipulated order or other settlement agreement with any party seeking a claim against the government of Guam that requires the payment of cash, financing, or future financing by the government of Guam without the approval of I Liheslatura (the Legislature), or a specific appropriation for that claim. Any proposed settlement agreement, supra, that requires legislative appropriation or authorization, by an office, department, instrumentality, agency, institution, board, bureau, commission, council, authority or branch, purporting a consent decree, stipulated order or other settlement with the government of Guam shall be transmitted to I Liheslatura which, by statute, may amend, approve, or disapprove the plan or the action taken within forty-five

(45)days, or said plan or action shall be deemed disapproved. This Section shall not apply to claims against the government arising from the provisions of the Government Claims Act (Chapter 6, 5GCA), the actions authorized by public law of the Civil Service Commission, or other settlements expressly authorized by public law. No settlement in legal proceedings or threatened legal proceedings concerning the government of Guam shall be sealed from public review.