Two US lawmakers from both sides of the aisle presented a bill late last week to launch a $50m fund to promote peace between Israelis and Palestinians.
The bill, called the International Fund for Israeli-Palestinian Peace Authorisation Act of 2015, was presented by Republican Jeff Fortenberry and Democrat Joe Crowley.
In a statement, Mr Crowley said: "The US has played a significant leadership role in fostering and supporting people-to-people relations around the world, and creating this fund would continue this effort."
Accusations regarding politically-motivated foreign funding plagued the Israeli election.