From the BBC it sounds like hes already rejected it

Netanyahu releases statement A statement has just been released from Israeli Prime Minister Benjamin Netanyahu’s office.

It says he has authorised the Israeli negotiating team to “present an outline” for achieving the release of all hostages.

However, the statements goes on to say the war in Gaza will not end until all goals - including the “elimination” of Hamas’s armed wing and organisational capacities - are achieved.

itcontinues: “The exact outline proposed by Israel, including the conditional transition from stage to stage, allows Israel to maintain these principles.”