Greg,
It says nothing about criticism of the State of Israel or of the Israeli government's actions being "antisemitic".

Of course it does not, and no sensible person would claim that.
However, some statements about Israel are anti-Semitic, e.g. comaparing Israeli policies to those of the Nazis, as Jim has often done.
Here is an extract,

Denying the Jewish people their right to self-determination, e.g., by claiming that the existence of a State of Israel is a racist endeavor. 

Applying double standards by requiring of it a behavior not expected or demanded of any other democratic nation.

 Using the symbols and images associated with classic antisemitism (e.g., claims of Jews killing Jesus or blood libel) to characterize Israel or Israelis.

 Drawing comparisons of contemporary Israeli policy to that of the Nazis