Finance Committee approves bill boosting settler business and hotels

The Finance Committee on Monday approved a bill that would boost settlement business and make it easier to construct hotels and field schools in Gush Etzion and other West Bank areas outside of Jerusalem.

The Encouragement of Capital Investment legislation has already passed the Knesset in a first reading and returns to the Knesset for a second and third reading before it becomes law.

But right wing lawmakers and settlers already celebrated its passage on Monday, grateful that it now granted them the same tax breaks and incentives that business receive for projects within the Green Line. This includes tourism and hotel projects in the area of the West Bank just outside of Jerusalem.


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