(Un)Kill(ed) Bill(s): The End of a Session

Every week the Knesset passes laws that affect our lives…or someone’s life. This week was the end of the session, so a ton were passed that we will be listing over the next few weeks. Thanks for reading Kalpiblog during the Knesset’s winter session and be sure that just because the MKs are taking a break doesn’t mean that we are.

Securities Law (amendments No. 61, 62, 63) –Government Bill – These bills do a number of things including opening up the Israeli stock market to foreign companies, regulations for the stock exchange clearing house and defining how the markets directors will operate. This is in response to the Israeli stock market which is generally considered sluggish. If you want to know what a clearing house is, then head on over to Wikipedia. However, if you don’t already know what it is there’s a low probability of you making it past the first few sentences. It’s a lot less fun than the Publishers Clearing House.

Criminal Law Bill – Government Bill – Currently, there are certain minor crimes that will get you a fine and for which you can ask for a court appearance. There are also court appearances that you can get out of by just paying a fine. This bill makes all fines the former in order to lessen the burdens on the courts.

Oil Company Law – Government Bill – The law gives official status to the Eilat-Ashkelon pipeline company and makes it a state company. For more read this.

Payment Bill – Government Bill – Creates maximum time periods for payment in exchange for services rendered.

Recognizing Civilians’ role in the Battles of Israel – MKs from the Zionist Union, Likud, Yesh Atid and Meretz – Creates a special award and certificates for civilians who have helped Israel on its various fronts.


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