Increasing Income Tax Credit Points for Parents and Expanding the Work Grant Bill
Translated from Hebrew: הצעת חוק הגדלת נקודות זיכוי להורים במס הכנסה והרחבת מענק עבודה
TL;DRThe law states that starting in 2024, parents of children aged 6-18 will be entitled to one additional credit point for each child of those ages.
Translated from Hebrew
What does the bill do?
In addition, the law increases the amount of the work grant (negative income tax) given to a working father and a self-employed father, so that it will be equal to the amount of the grant given to a working mother and a self-employed mother (respectively) starting in 2024, and also lowers the age of eligibility for the work grant to 21 starting in 2025.
Became lawFirst plenum vote: April 2, 2023
The votes on this bill
Passed25 for · 0 against · 0 abstained · 95 did not vote
Coalition 64 seats
LikudFor 10 · Absent 22
ShasFor 4 · Absent 7
United Torah JudaismAbsent 7
Religious ZionismFor 1 · Absent 6
Otzma YehuditFor 2 · Absent 4
NoamAbsent 1
Opposition 56 seats
Yesh AtidFor 8 · Absent 16
Blue and White – National UnityAbsent 8
Yisrael BeytenuAbsent 6
Ra'amAbsent 5
Hadash–Ta'alAbsent 5
LaborAbsent 4
New Hope – The United RightAbsent 4
Tap an MK for detailsChanged position between readingsOnly MKs who held a seat on the day of the vote are shown