GA SB129

Increases the homestead exemption for totally disabled veterans from a capped amount ($32,500 or federal maximum) to 100% of the assessed value of their homestead, exempt from all state, county, municipal, and school ad valorem taxes.

Creates a new homestead exemption for partially disabled veterans equal to their VA disability rating percentage multiplied by the assessed value of their homestead (e.g., 60% disabled = 60% exemption).

Establishes homestead exemptions for disabled first responders (law enforcement, firefighters, public EMTs): 100% exemption for totally disabled and 50% exemption for partially disabled, based on workers' compensation determinations for line-of-duty injuries.

Requires a statewide referendum no later than November 2026 for voter approval; if approved by majority vote, exemptions take effect January 1, 2027.

Exemptions apply to all ad valorem taxes (state, county, municipal, and educational) and automatically renew annually once filed, with county tax assessors permitted to verify eligibility every three years.