Premier Matteo’s Renzi’s Democratic Party has said it would vote in favour, Ansa reported.
However, the lower house vote may be postponed until March 3rd if the government calls for a vote of confidence on a separate issue, the Ilva steel plant in Taranto.
The government said in December that the loss-making plant, one of the most polluting in Europe, would be nationalized for up to three years.
Sweden voted in favour of recognizing Palestine in October although Foreign Minister Margot Wallström said in January the state needs to change in order to retain the country’s support.
France followed suit in December as a way of achieving a "definitive resolution of the conflict" with Israel, although the vote was non-binding.
Non-binding votes in the UK and Ireland also came out in favour.
The European Parliament also adopted a resolution supporting Palestinian statehood in principle.