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 – Offsetting Funds for Compensation for Vehicle Theft Damages) Bill
Translated from Hebrew: הצעת חוק להקפאת כספים ששילמה הרשות הפלסטינית בזיקה לטרור מהכספים המועברים אליה מממשלת ישראל (תיקון - קיזוז כספים בגין פיצוי על נזקי גניבת רכבים)
TL;DRThe proposal allows offsetting funds of the Palestinian Authority transferred from Israel in order to compensate owners of vehicles that were stolen and smuggled into its territories.
Translated from Hebrew
What does the bill do?
The proposal adds a section to an existing law freezing funds of the Palestinian Authority on account of terrorism. The new law provides that these frozen funds may be used to compensate owners of vehicles that were stolen in Israel and smuggled into the territories of the Palestinian Authority, with the consent of the Israel Police. The compensation will be calculated according to the market value of the vehicle minus insurance payments, and will be transferred within 90 days of police approval. A dedicated fund managed by representatives of the Ministry of Finance, the Ministry of Defense and the Israel Police will manage the distribution of the funds. The Ministerial Committee on National Security Affairs may stop the compensation if the Palestinian Authority takes significant steps to deal with vehicle smuggling.
The votes on this bill
Coalition 68 seats
Left the coalition 8 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