(a) There is a Sick Leave Incentive Program for State employees that allows for the payment for unused sick leave.
(b) The Secretary shall adopt regulations to administer the Program.
(c) A unit that participates in this Program shall submit to the Secretary at the end of each calendar year a report that includes:
(1) the number of employees receiving payment for unused sick leave;
(2) the total payment received by employees;
(3) the number of unused sick leave hours exchanged for payment;
(4) the total sick leave hours used during the calendar year; and
(5) any estimated overtime savings as a result of this Program.