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🇮🇱 IsraelConstitution

Basic Law: The State Economy

Legislation requiring a

Jurisdiction
Israel
Provision
3c
Source language
English
Recorded status
in force
More details
Recorded status
in force

Provision text

Official source
(a) A budgetary bill shall not be adopted by the Knesset, budget (Amendment save by the votes of at least 50 Members of the No. 6) Knesset. The said majority is required in first reading, in second reading, and in third reading. However, should a bill turn into a budgetary bill after the first reading, the said majority is required in second reading, and in third reading. (b) A budgetary reservation shall not be adopted by the Knesset save by the votes of at least 50 Members of the Knesset. Should a budgetary reservation to a bill be adopted, the Bill shall not be approved by the Knesset in third reading, save by the votes of at least 50 Members of the Knesset. (c) In relation to this article, the determination of the budgetary cost of a bill or reservation shall be performed by one of the Knesset Committees deliberating that Bill or reservation (hereafter - the Committee). The Committee shall determine the budgetary cost, on the basis of the evaluation of the Minister of Finance, or anyone authorized by him for this purpose, unless it has been proven, to its satisfaction, on the basis of some other evaluation submitted to it, that the budgetary cost is different from the estimation of the Minister of Finance. evaluations on the basis of this article shall be submitted with attached figures and estimates. (d) In this article - "A budgetary bill" - a bill to which all the following apply: (1) It was submitted by someone other than the Government; (2) Its implementation involves a budgetary cost of 5 million NIS or more, in any given budget year; (3) The Government did not approve the budgetary cost; "A budgetary reservation" - a reservation to a bill, in which all the following apply: (1) Its implementation involves a budgetary cost of 5 million NIS or more, in any given budget year; (2) The Government did not approve the budgetary cost; "Budgetary cost" - an expenditure or a commitment for expenditure from the State Budget, or a diminution of State revenue, even if the aforesaid expenditure or reduction is accompanied by a reduction of expenditure or commitments for expenditure from the State Budget, or an increase of the state revenue; "Expenditure from the State budget", "a reduction of State revenue" - including expenditure from the budget of a budgeted body, or a reduction of the revenues of a budgeted body; "A budgeted body" - as defined in article 21 of the Foundations of the Budget Law, 5745-1985. (e) The sums specified in the definitions of "budgetary bill" and "budgetary reservation" in clause (d) shall be updated on 1 January of every year, on the basis of the rate of change in the consumer price index published by the Central Bureau of Statistics. (f) The provisions of this article shall not apply to a bill concerning the dissolution of the Knesset, and the holding of elections.

Source record

Source and verification

Basic Law: The State Economy · main.knesset.gov.il · Retrieved 18 August 2026.

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