Freezing of Funds Paid by the Palestinian Authority in Connection with Terrorism from the Funds Transferred to It by the Government of Israel Law (Amendment – Forfeiture and Management of the Funds) Bill
Translated from Hebrew: הצעת חוק הקפאת כספים ששילמה הרשות הפלסטינית בזיקה לטרור מהכספים המועברים אליה מממשלת ישראל (תיקון - חילוט הכספים וניהולם)
TL;DRA bill to forfeit funds frozen from transfers to the Palestinian Authority in connection with terror, for compensating terror victims and other uses.
Translated from Hebrew
What does the bill do?
The bill amends an existing 2018 law that freezes funds from Israeli transfers to the Palestinian Authority at a rate equal to the sums the Authority paid in connection with terror. The amendment provides that if the Palestinian Authority does not stop its payments for terror within six months of the law's publication, the frozen funds will be forfeited and transferred to the Minister of Finance for management. The forfeited funds will be designated for paying compensation to terror victims, for indemnifying a compensation fund, and for other uses related to dealing with terror.
The votes on this bill
Coalition 72 seats
Opposition 48 seats
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