Both Palestinians and some Israelis believe that there is growing support in the international community for such a measure.
Asked to comment on the plan, an American official said that such a UN resolution, while not a cure-all, could be expanded upon eventually.
Still, he added: "It's a measure that would make you feel good for five minutes. Then what?"
Palestinian officials predict the US would veto a UN resolution. If the resolution fails, senior Palestinian officials are considering completely dissolving the Palestinian Authority.
That would leave the burden of running the West Bank to Israel--a policy that the Israeli government would be fearful of.
US tax payers pay $3 billion to aid Israel a year. If Palestinians hand the keys over to the Israelis more money will likely be needed to facilitate the occupation.
The senior Palestinian official added once the Palestinian Authority is dismantled, Palestinians will push for a 'one state solution'-- ultimately making Israel no longer a Jewish state.