Chapter 20 (Local Authorities), specifically sections 1-4, 6(d) through (h), 8-22, and 24-26 (regarding the establishment of the fund and the fund council for expanding investment in residents) from the Economic Plan Bill (Legislative Amendments for Implementing Economic Policy for the 2023 and 2024 Budget Years), 5783-2023

The law establishes a fund for expanding investment in residents. The fund will work to promote local economic development through investments. The fund council will be composed of representatives from government ministries, local authorities, and other bodies, and will be responsible for determining the fund's policy and approving its investments. The law details the fund's mode of operation, its sources of funding, and its powers.

Source: חומר רקע