COLUMN: Walker: Your Money, Your Future: Delivering Real Tax Relief

By: Sen. Larry Walker, III (R–Perry)

Across Middle Georgia, folks are working hard to provide for their families, and every dollar matters. Whether you’re filling up your gas tank, checking out at the grocery store, or trying to cover your utility bill, the cost of living has gone up. I’ve heard it from farmers in Pulaski County, parents in Houston County, and retirees in Laurens and Dooly…Georgians are stretched thin.

This year, we delivered real relief. I’m proud to report that the General Assembly passed two crucial measures, House Bills 111 and 112, to put more money back in your pocket and help ease the strain on household budgets.

HB 111 reduces Georgia’s personal income tax rate from 5.39 percent to 5.19 percent, with a plan to reduce it even further to 4.99 percent in the coming years. While that may sound like a small number, it adds up in a big way for working families. Those savings will show up in take-home pay across our state, giving folks more flexibility to cover everyday costs.

We know that when government takes in more than it needs, it should return the surplus to the people who earned it, not spend it on bureaucracy or pet projects. That’s why we also passed HB 112, which sends a one-time refund to Georgia taxpayers. The Department of Revenue is now issuing these checks. If you filed both your 2023 and 2024 tax returns on time and have no outstanding debt to the state, you can expect to receive a refund of $250 if you filed as a single taxpayer, $375 if you filed as head of household or $500 if you filed jointly as a married couple. It’s a direct result of responsible, conservative budgeting and the third year in a row we’ve been able to return excess revenue to Georgia families.

We’re doing all this while still fully funding critical priorities. Our budget includes investments in school safety, teacher pay raises, mental health services, and rural healthcare infrastructure. We’ve supported hurricane recovery efforts and made sure our rural communities aren’t left behind. In fact, our state’s economy remains strong. Georgia’s net tax collections for May were up more than nine percent from last year, thanks in part to strong individual and corporate income tax returns. That’s not just good news for the state, it’s proof that our conservative approach is working.

To my constituents in the 20th District, these policies were written with you in mind. Whether you’re running a small business in Eastman, tending a family farm in Cochran or living on a fixed income in Hawkinsville, this tax relief matters. It means fewer hard choices at the end of the month. It means peace of mind when planning for the future.

I’ve always believed that Georgians know how to spend their money better than the government does. As Chairman of the Senate Insurance and Labor Committee and a member of the Senate Appropriations Committee, I take that belief seriously. It’s my job to protect your hard-earned income and ensure the state lives within its means.

Georgia didn’t become the best state to do business by accident. We got here through discipline, smart policy and a deep respect for the taxpayer. This year’s tax relief package is just the latest chapter in that story, and I’ll keep fighting to make sure it’s not the last.

If you have questions about your rebate or how these changes might affect your family or your business, please don’t hesitate to reach out to my office. It’s an honor to serve you, and I remain committed to building a stronger, more affordable Georgia—one that works for every family in our part of the state.

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Sen. Larry Walker serves as Secretary of the Majority Caucus and Chairman of the Senate Committee on Insurance and Labor. He represents the 20th Senate District, which includes Bleckley, Dodge, Dooly, Laurens, Treutlen, Pulaski and Wilcox counties, as well as portions of Houston County.  He may be reached by phone at (404) 656-0095 or by email at Larry.Walker@senate.ga.gov.

For all media inquiries, please reach out to SenatePressInquiries@senate.ga.gov.

Sen. Larry Walker III Appointed Vice Chair of NCOIL’s Property and Casualty Insurance Committee

ATLANTA (January 22, 2025) — On January 13, 2025, Sen. Larry Walker III (R–Perry) was appointed Vice-Chair of the National Conference of Insurance Legislator’s (NCOIL) Property and Casualty Insurance Committee by NCOIL President Pamela J. Hunter.

“I’m honored to serve in this leadership capacity within NCOIL,” said Sen. Walker. “Insurance plays a crucial role in the lives of Georgia families and businesses, providing financial security and stability in times of need. I am eager to begin working alongside my colleagues to address the pressing issues facing this industry. This leadership role presents an invaluable opportunity to advocate for insurance solutions that benefit not only Georgia but the entire nation.”

President Hunter spoke on the appointments, stating, “I’m proud to announce this group of truly exceptional bipartisan legislative leaders from across the country to help lead NCOIL as we continue to grow the organization’s national influence and deal with the critically important insurance public policy issues before us,” said Hunter. “Each of these chairs and vice-chairs have shown significant commitment to NCOIL and I thank them all for stepping up to serve in their respective roles.”

NCOIL, a bipartisan organization of state legislators, works to develop model laws and provide educational opportunities that help lawmakers better understand the complexities of insurance regulation. The organization’s efforts ensure that state legislatures remain at the forefront of addressing insurance-related challenges that impact consumers and businesses across the country.

Additional information about NCOIL and its initiatives is available here. NCOIL’s nationwide release is available here.

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Sen. Larry Walker serves as Secretary of the Senate Majority Caucus and Chairman of the Senate Committee on Insurance and Labor. He represents the 20th Senate District, which includes Bleckley, Dodge, Dooly, Laurens, Treutlen, Pulaski and Wilcox counties, as well as portions of Houston County.  He may be reached by phone at 404.656.0095 or by email at Larry.Walker@senate.ga.gov.

For all media inquiries, reach out to SenatePressInquiries@senate.ga.gov.