GA HB808

Excludes disability income received from the U.S. Department of Veterans Affairs from Georgia taxable net income for qualifying disabled veterans who are Georgia citizens and residents

Defines "disabled veteran" as any wartime veteran discharged under honorable conditions who has been adjudicated by the VA as at least 90 percent totally and permanently disabled and entitled to receive service-connected benefits

Also covers veterans receiving or entitled to receive a VA statutory award for loss or permanent loss of use of one or both feet or hands, loss of sight in one or both eyes, or permanent impairment of vision meeting specific acuity thresholds (20/200 or less in the better eye with corrective glasses)

Applies to all taxable years beginning on or after January 1, 2013, and takes effect upon the Governor's approval

Amends Code Section 48-7-27 of the Official Code of Georgia Annotated relating to computation of Georgia taxable net income