ORDINANCE O-19-063
B, A person who is eligible under Title II or Title XVI of the federal Social Security
Act on his or her sixty-fifth birthday shall remain eligible for a yearly exemption
either in the amount of the exemption applicable under subsection A or the
amount of the elderly exemption granted to the person under NRO §295-3,
whichever is greater.
C. Any person who at any time previously was eligible under Title II or Title XVI of
the federal Social Security Act for benefits to the disabled. but who is no longer
eligible for such federal benefits due to reasons other than the status of that
person’s disability, shall be eligible for the exemption under subsection A or B.
provided that the person submits an affidavit from a physician licensed in New
Hampshire that attests to the fact that the person continues to meet the criteria for
disability that are used under Title II or Title XVI of the federal Social Security
Act,
D. The exemptions in subsections A and B may be applied only to property which is
occupied as the principal place of abode by the disabled person. The exemption
may be applied to any land or buildings appurtenant to the residence or to
manufactured housing if that is the principal place of abode. Nothing in this
section shall preclude a qualified applicant from earning an income.
§ 295-9, Qualifications.
A. No exemption shall be allowed under $295-8 unless the person applying for an
exemption:
(1) Had, in the calendar year preceding said April 1. a net income from all
sources of not more than $50,000, or if married, a combined net income
from all sources, of not more than $50,000. The net income shall be
determined by deducting from all moneys received, from any source
including social security or pension payments, the amount of any of the
following or the sum thereof:
(a) Life insurance paid on the death of an insured;
(b) Expenses and costs incurred in the course of conducting a business
enterprise; and
{c) Proceeds from the sale of assets.
