The proposed law would strip of Israeli citizenship any Israeli citizen or resident that assists in a terror attack in any way and then receives payment for that from the Palestinian Authority. Not only will this person lose Israeli citizenship but he/she will also be banished form Israel and sent to the Palestinian Authority. 

If the person returns the money paid back to the PA, he will be able to have his Israeli citizenship reinstated.

This law, or somethign similar to it, was proposed by Dichter in the previous Knesset in October 2020, about 6 months ago, but when that Knesset dissolved and went to elections, that law proposal went with it.

source: Israel Hayom