Freezing Coalition Funds in a State of Emergency (Temporary Provision – Swords of Iron) Bill

What does the bill do?

The bill provides that during the state of emergency, allocations of funds promised under coalition agreements and inter-ministerial agreements involving political budget agreements will be halted, except for funds spent according to the recommendations of the war management cabinet and approved by a Knesset committee. The bill also provides that no new budget agreements will be made during this period, except under similar conditions. The minister will be required to report to the Finance Committee within three days on the details of the fund transfers made up to the tabling of the bill. The provisions will apply from the day the law is approved until three months after the end of the state of emergency.