Update: see this Comment from someone called Eurosabra.
This measure has been reversed, 1/31, by order of the Attorney General's office. Are you going to carry THAT as an item as well, or are you just going to let the world--or at least your readers--continue to think that the Absentee Property Law has been extended to East Jerusalem as well?
See headheeb.blogmosis.com for reports on the intra-Israeli bureaucratic jockeying on this as well.
Personally I'm not sure if Israel is so obedient to its own laws that confiscations won't happen but we shall see.