Current sectionIsrael NewsIsrael Political NewsIsrael holds 14 billion shekels ($4.6 billion) in funds that it confiscated from the Palestinian Authority Treasury. New legislation aims to let Israeli authorities seize funds equivalent to the amount sent to Gaza by the Palestinian AuthorityShare to FacebookShare to XArticle printing is available to subscribers onlyPrint in a simple, ad-free formatSubscribeComments: Zen reading is available to subscribers onlyAd-free and in a comfortable reading formatSubscribeNoa Shpigeland Liza Rozovsky01:43 PM • July 09 2026 IDTIsrael's Knesset is advancing a bill that would enable seizing more funds from the Palestinian Authority, seeking to confiscate each year an amount equivalent to the funds the authority transferred to the Gaza Strip during the previous year.Loading...Click the alert icon to follow topics:KnessetPalestinian AuthorityBoard of PeaceGazaCommentsLoading...In the NewsIn the News: Israel NewsU.S.-IranTrumpWest BankMichigan PrimaryGraham PlatnerIsrael ProtestsHaQuizHaaretz PodcastIsrael Tells Court It Is Holding Palestinian Detainee's Body for BargainingLikud Lawmaker Calls Center-left MK Lazimi 'Enemy Worse Than Hamas'Reform Movement Head Rick Jacobs on the Growing 'Isolation' of U.S. JewsNetanyahu Imitates Trump's AI Video, Peddles 'Bibi Derangement Syndrome'This Question Will Determine the Fate of Trump's Israel-Lebanon DealRemembering and rebuilding two years laterICYMIIsrael Has Long Ignored Warnings of a 'Diplomatic Tsunami.' Now It Has ArrivedDumber Than a 10-year-old: Are Israeli Students Really That Stupid?An Israeli Principal Desegregated a Tel Aviv School. Here's What HappenedThe 'Special Relationship' Is Gone, and Israel Isn't Ready for What's ComingAs Israel Lacks Hundreds of Patrol Officers, West Bank Staff DoublesRep. Dan Goldman Says Support for Israel Cost Him New York Democratic Primary