The Knesset plenum on early Friday morning passed the party funding law, which includes the clause to dissolve the 25th Knesset ahead of the election period.
The bill passed with a majority of 62 supporters and no opponents.
"We are completing a four-year term; we have passed nine budgets, hundreds of laws," said Coalition whip Ofir Katz ahead of the bill's passing.
This is a developing story.