חוק רכבת תחתית (מטרו) (תיקון מס' 4), התשפ"ד-2024Law of Underground Railway (Metro) (Amendment No. 4), 2024 · automatic translation · suggest a correction

Official summary of the law (Knesset)

The Law includes supplementary arrangements to promote the metro project. Among other things, it was decided to establish a regulatory council within the Metro Authority; the council will be responsible for various aspects of regulating matters related to promoting the metro project and for aspects of infrastructure coordination between the operating company and other infrastructure bodies. In addition, a completion of the project's financing aspects is proposed, including establishing a financing levy and provisions for the realization of land in the Dan metropolitan area, particularly those included in the impact zones to be determined in National Outline Plan 70, on timelines parallel to the project's development. It was decided that in every plan approved by the National Housing Committee or the National Infrastructure Committee regarding construction within the metro plan's area, 30% of housing units on land that is Israel land will be allocated for affordable housing - long-term rental, reduced-price rental, student dormitories, and sheltered housing. In addition, it was decided that whoever submits a building permit application within the next six and a half years, until the end of 2030, will pay a reduced tax, such that the betterment levy rate and the metro tax he pays together will amount to only 60% of the betterment. It was also decided that the financing levy will not apply to property owners whose total property holdings are smaller than 100 sq.m. In addition, chapters are proposed dealing with the activities of authorized bodies for promoting the project, infrastructure coordination and removal of obstacles, including establishing special arrangements regarding noise issues and indirect amendments regarding planning and building matters, government companies, the Railways Ordinance, and more. It is proposed to reduce the metro tax, both through a special arrangement for several years and permanently, and an assistance mechanism is also proposed for businesses adjacent to the works route, in an amount not less than 500 million ILS.

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