JERUSALEM, Dec. 10 (Xinhua) -- A parliamentary dissolution bill was submitted on Tuesday evening by two lawmakers from Israel's main parties, as the country is headed for a third round of elections within a year.
The bill was introduced by Miki Zohar, a lawmaker from Prime Minister Benjamin Netanyahu's rightwing Likud party, and Avi Nissenkorn, a lawmaker from the centrist Blue and White party led by former military chief Benny Gantz.
Should the bill, which was agreed by both Likud and the Blue and White party, be approved by the parliament, the next round of elections will be held on March 2.
The Israeli parliament, or Knesset, has until Wednesday midnight to establish a governing coalition or will be dissolved.
Both Netanyahu and Gantz failed to form a coalition due to the deep rifts among major parties within the 120-seat Knesset.
Israel has an electoral system with elections based on votes for parties, not for specific candidates. The party that wins the largest number of votes gets the rights to form a government.
However, in the last two rounds of Israeli elections held in April and September, no party gained enough seats (61 seats) in the Knesset to form a government.
The negotiations held by Netanyahu and Gantz with their own allies in the Knesset also failed to get 61 seats needed to form a governing coalition.
If Israeli lawmakers fail to agree on a coalition government in the next three days, the Knesset will be dissolved and the country will hold its third round of elections in less than a year.
