Local Authorities (Fund for the Expansion of Investment in the Resident and for the Increase of Housing Supply) Law, 5783-2023
חוק הרשויות המקומיות (הקרן להרחבת ההשקעה בתושב ולהגדלת היצע הדיור), תשפ"ג-2023
Unofficial English translation — for reference only. It may contain errors or omissions and cannot be relied on as a legal text. Only the Hebrew text published in Reshumot is legally binding.More
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Despite these checks, it may contain errors, omissions, or imprecise renderings of legal terminology and cross-references, and it may not yet reflect the latest amendments. It cannot be relied upon as a legal text.
The Hebrew text as published in Reshumot (ספר החוקים) and on the Knesset website is the sole authoritative and legally binding version. In any discrepancy, the Hebrew text prevails.
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Chapter IV: Miscellaneous Provisions
Application to Local Authorities in Judea and Samaria§
Annual Reports§
The Ministers shall submit to the Finance Committee of the Knesset an annual report on the activities of the Fund, by 30 April of the following year; the report shall set out, inter alia, the manner of implementation of this Law, the extent to which its purposes have been achieved and the forecasts for its execution, the amounts of the allocations, the set-asides and the building permits granted, in respect of each local authority, and amounts transferred to the Fund from the state budget.
Implementation and Regulations§
The Ministers are responsible for the implementation of this Law and may, with the approval of the Finance Committee of the Knesset, make Regulations for its implementation.
Commencement§
This Law shall commence on the 20th of Tevet 5784 (1 January 2024) (hereinafter – the commencement day).
Transitional Provisions§
Temporary Provision§
Notwithstanding the provisions of section 5(a)(1), from the commencement day until the 11th of Tevet 5786 (31 December 2025), that section shall be read as if "27.5%" were substituted for "28%".
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