The Ministerial Legislative Committee approved a law proposal that would amend the flag and symbols law.

MK Naveh Boker (Likud) proposed increasing the punishment for people who burn the Israeli flag. She would have the punishment go up from 300 lirot to 50,000nis, and from one year of prison to three years.

The committee rejected the suggestion to also cancel any rights to various financial benefits such as unemployment, grants and scholarships.

The idea of this, as Boker explains, is to stop the incitement in Arab towns and on campuses, where they hold protests every few months that include flag burning, and then they quiet down and get back to their lives enjoying their benefits from the State.
source: Ch10

I find it amazing that when they switched the currency to the New Israeli Shekel they did not adjust all the laws that refer to money and amend them to reflect the new form of currency.

This will not just affect Arab Israelis, but also more extreme Haredim, though they were not mentioned in the article. We'll see how it is enforced. They already often get taken in by the police and then released shortly after due to community pressure placed on the police, so it remains to be seen if this will change that or not.

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