Government bill · 25th Knesset · published as law 25 December 2024

חוק תקציב נוסף לשנת הכספים 2024 (מס' 3), התשפ"ה-2024Supplementary Budget Law for fiscal year 2024 (No. 3), 2024 · automatic translation · suggest a correction

Status: התקבלה בקריאה שלישית

Topics: State budget* · * from the Knesset's official law classification

Official summary of the law (Knesset)

It is proposed to determine that the expenditure budget for the 2024 fiscal year will amount to 760,585,079,000 new shekels, comprised of a regular budget totaling 557,712,771,000 new shekels and a development budget and capital account totaling 202,872,308,000 new shekels.

automatic translation · suggest a correction

Hebrew original

מוצע לקבוע כי תקציב ההוצאה לשנת הכספים 2024 יעמוד על 760,585,079,000 שקלים חדשים המורכב מתקציב רגיל בסך 557,712,771,000 שקלים חדשים ומתקציב פיתוח וחשבון הון בסך 202,872,308,000 שקלים חדשים.

Readings

What was said in the plenum

The bill, presented by the Minister of Interior as acting Minister of Finance, was intended to approve a third additional budget for 2024 totaling 33.2 billion NIS, due to delays in receiving American aid, the continuation of the war and the northern front, and the rise in interest on the government debt. The first-reading debate revolved largely around issues unrelated to the law itself - the hostages, coalition-opposition relations, mutual criminal accusations, and ministers' conduct - and only a small portion of the speakers addressed the content of the budget and its economic management.

automatic translation · suggest a correction

Hebrew original

הצעת החוק, שהוצגה על ידי שר הפנים כממלא מקום שר האוצר, נועדה לאשר תקציב נוסף שלישי לשנת 2024 בהיקף של 33.2 מיליארד ש״ח, בשל עיכוב בקבלת הסיוע האמריקאי, הימשכות המלחמה וחזית הצפון, והתייקרות הריבית על החוב הממשלתי. הדיון בקריאה הראשונה סבב במידה רבה סביב נושאים שאינם החוק עצמו - החטופים, יחסי קואליציה-אופוזיציה, האשמות פליליות הדדיות והתנהלות שרים - ורק חלק קטן מהדוברים התייחסו לתוכן התקציב וניהולו הכלכלי.

Arguments for

None were made.

Arguments against

  • This is already a third additional budget for the same year, while the needs it is meant to fund (American aid, the fighting in the north, the rise in interest rates) were known and foreseeable in advance when the previous budget was approved.
    Hamad Amar (Yisrael Beytenu)
  • The Government is transferring 2023 budget surpluses amounting to billions and continuing coalition budgets and ministries that were promised to be closed, instead of cutting expenses in light of the difficult economic situation.
    Hamad Amar (Yisrael Beytenu)
  • Israel's economic situation is deteriorating (credit rating downgrades, negative per-capita growth, a high debt-to-GDP ratio, tax increases), and the Finance Minister's statements about a strong and stable economy do not reflect the actual situation.
    Vladimir Beliak (Yesh Atid)
  • The budget and the current economic management are pushing additional populations into poverty and fail to address the cost-of-living crisis and the gap between the minimum wage and housing and food prices.
    Evgeny Sova (Yisrael Beytenu)
  • The government is managing economic matters (such as taxation of electric vehicles) without transparency and in a sudden and confused manner, harming industry and citizens.
    Boaz Toporovsky (Yesh Atid)
Who spoke (39)
MemberFactionReadingsSpeechesIn the final vote
Moshe ArbelShas coalitionFirst reading2for
Ram Ben BarakYesh Atid oppositionFirst reading1against
Elazar SternYesh Atid oppositionFirst reading1against
Merav Ben AriYesh Atid oppositionFirst reading1against
Youssef AtaunaHadash–Ta'al oppositionFirst reading1against
Waleed TahaRa'am oppositionFirst reading1against
Yasir HujeiratRa'am oppositionFirst reading1against
Meir CohenYesh Atid oppositionFirst reading1against
Hamad AmarYisrael Beytenu oppositionFirst reading1against
Iman Khatib YassinRa'am oppositionFirst reading1against
Waleed AlhwashlaRa'am oppositionFirst reading1against
Yoav SegalovitzYesh Atid oppositionFirst reading1against
Ron KatzYesh Atid oppositionFirst reading1against
Yulia MalinovskyYisrael Beytenu oppositionFirst reading1against
Tally GotlivLikud coalitionFirst reading1for
Naor ShiriYesh Atid oppositionFirst reading1against
Yaron LeviYesh Atid oppositionFirst reading1against
Simon DavidsonYesh Atid oppositionFirst reading1against
Vladimir BeliakYesh Atid oppositionFirst reading1against
Evgeny SovaYisrael Beytenu oppositionFirst reading1against
Debbie BitonYesh Atid oppositionFirst reading1against
Tatiana MazarskyYesh Atid oppositionFirst reading1against
Matti Sarfatti HarcaviYesh Atid oppositionFirst reading1against
Mickey LevyYesh Atid oppositionFirst reading1against
Meirav CohenYesh Atid oppositionFirst reading1against
Idan RollYesh Atid oppositionFirst reading1against
Sharon NirYisrael Beytenu oppositionFirst reading1against
Naama LazimiLabor oppositionFirst reading1against
Shelly Tal MeronYesh Atid oppositionFirst reading1against
Yasmin FridmanYesh Atid oppositionFirst reading1against
Yorai Lahav HertzanuYesh Atid oppositionFirst reading1against
Boaz ToporovskyYesh Atid oppositionFirst reading1against
Avi MaozNoam coalitionFirst reading1no record
Gilad KarivLabor oppositionFirst reading1against
Alon SchusterNational Unity oppositionFirst reading1against
Matan KahanaNational Unity oppositionFirst reading1against
Moshe TurpazYesh Atid oppositionFirst reading1against
Yinon AzoulayShas coalitionFirst reading1for
Shlomo KarhiLikud coalitionFirst reading1for

An automatic summary of the plenum transcripts: the debate on the bill at every reading it was voted on. Arguments are given as the speakers made them; this is not an assessment. The list of speakers comes from the transcript, without a model. Transcripts of the sittings: 1, 2

Reservations, sections and other votes (29)

In order. Votes on reservations and individual sections are shown separately from the vote on the bill as a whole.

Source: bill page in the Knesset legislation database ↗

Supplementary Budget Law for fiscal year 2024 (No. 3), 2024 · How the Knesset Votes