Finance Committee (Israel)
From Wikipedia, the free encyclopedia
The Finance Committee (Hebrew: ועדת הכספים) is a permanent Knesset committee which oversees finance issues of the State of Israel, including the drafting of legislation, supervision over related government ministries and the approval of their budgets. It is regarded as one of two most important Knesset committees (the other being the Foreign Affairs and Defense Committee). Article 100(2) of the Knesset's Rules of Procedure[1] states that its areas of concern are "the state budget; taxes of all kinds; customs and excise duties; loans; currency and foreign exchange matters; banking and banknotes; state revenues and expenditures."
The finance committee is considered one of the most important and influential committees in the Knesset and has great political weight. The committee deals, among other things, with the state budget, taxes of all kinds, banking, banknotes, and state revenues and expenditures.
The committee discusses the state budget and prepares them for second and third voting in the Knesset plenum. It has the ability to have a far-reaching influence on the composition of the budget, which includes, among other things, transferring financial support to various sectors and bodies. The committee also discusses economic laws, and in particular tax laws.[2]
Chairmen
| Portrait | Chairman | Took office | Left office | Party | Ref. | |
|---|---|---|---|---|---|---|
| Avraham Hirschson (1941–2022) | March 2003 | ? | Likud | [3] | ||
| Yaakov Litzman (born 1948) | ? | 2007 | UTJ | [4] | ||
| Stas Misezhnikov (born 1969) | 2007 | 2008 | Yisrael Beiteinu | [4] | ||
| Avishay Braverman (born 1948) | 2008 | Labor | [5] | |||
| Nissan Slomiansky (born 1946) | 2013 | Jewish Home | [6] | |||
| Moshe Gafni (born 1952) | 2020 | 2021 | UTJ | [7] | ||
| Alex Kushnir (born 1978) | 2021 | 2022 | Yisrael Beiteinu | [8] | ||
| Moshe Gafni (born 1952) | 2022 | 2025 | UTJ | [9] | ||
| Ofir Katz (born 1980) | 2025 | 2025 | Likud | [10] | ||
| Hanoch Milwidsky (born 1973) | 2025 | Incumbent | Likud | [11] | ||