According to a news item, the government is planning to impose regulations about the proper way to display and handle the Israeli flag, in the name of paying it respect as a national symbol.
The only consequence of those very strict regulations will be that several Israelis will cease displaying the Israeli flag.
There is also the issue of Freedom of Expression, which is celebrated by ceremonially burning one’s country flag.
(Before anyone calls for my arrest:
The ideal ceremony for celebrating Freedom of Expression is to prepare two identical flags. One flag will be displayed proudly, to symbolize pride in one’s country which is free, strong and confident to allow Freedom of Expression; and the other flag will be burned.)