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(May 17, 2012) On March 21, 2012, the Knesset (Israel's parliament) passed an amendment to the Parties Law 5752-1992. The amendment regulates the receipt of campaign finance donations by persons who have announced their intention to run in the next Knesset elections but who have not yet registered as a new political party in accordance with the Law. (The Parties Law (Amendment No. 17) 5772-2012 & bill [both in Hebrew], Knesset website (both last visited May 15, 2012); the Parties Law 5752-1992, SEFER HAHUKIM [Official Gazette], No. 1395, at 190.)
The amendment introduces a ceiling of NIS10,000 (about US$2,609) on a single donation from a donor and his household to a candidate prior to the candidate's party registration. The donation must be reported to the State Comptroller, who will then post the amount on his website. For reporting purposes, the cumulative yearly receipt of donations in an amount exceeding NIS50,000 (about US$13,045) will be considered an announcement of the intention to run for office. (Id.)
The amendment specifically prohibits donations to candidates from minors and from anonymous donors and introduces penalties for violation of the reporting requirements. (Id.)
|Author:||Ruth Levush More by this author|
|Topic:||Elections and politics More on this topic|
|Jurisdiction:||Israel More about this jurisdiction|
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Last updated: 05/17/2012