Tax Benefits for Communities (Legislative Amendments) Bill
Translated from Hebrew: הצעת חוק הטבות מס ליישובים (תיקוני חקיקה)
TL;DRThe bill updates tax benefits for beneficiary localities and those harmed by attacks, including raising the population threshold and setting a tax credit for localities adjacent to the Tkuma Region.
Translated from Hebrew
What does the bill do?
The bill changes two main definitions: it changes the maximum population threshold for a beneficiary locality from 85,000 to 100,000 residents, to allow natural growth of localities. In addition, it proposes granting a tax credit at a rate of 7% of personal income (up to a ceiling of NIS 146,640) to residents of localities adjacent to the Tkuma Region that were harmed in the events of October 2023, and this benefit would apply under conditions set in a law for the extensive rehabilitation of the Tkuma Region.
The votes on this bill
Coalition 67 seats
Left the coalition 9 seats
Opposition 44 seats
Tap an MK for detailsChanged position between readingsOnly MKs who held a seat on the day of the vote are shown