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Town of Wilton - Deadline Approaches For Businesses To Receive Up To 100% State Taxcredit For Donations To Wilton Projects

Government and Politics

September 23, 2022

From: Town of Wilton

Under the State’s Neighborhood Assistance Act Tax Credit Program, businesses donating to meaningful, state approved Wilton projects can receive 2022 state tax credits of up to 100% of their donation. Registration of donations ends on October 1st. The following projects qualify for a 100% tax credit:

Town of Wilton - Replacement of the windows at Town Hall. Up to $60,000. For information, please contact Sarah Gioffre at [email protected].
Wilton Library - Natural gas conversion. Up to $15,385.
Wilton Commons Affordable Senior Living - HVAC upgrade. Up to $52,500.
Riverbrook Regional YMCA - Roof upgrade. Up to $11,800.
Trackside Teen Center of Wilton - HVAC upgrade. Up to $40,000.
Wilton Historical Society – HVAC upgrade. Up to $49,118.
Our Lady of Fatima - HVAC upgrade. Up to $136,210.
Grumman Hill Montessori Association - Window/Boiler Replacement. Up to $150,000.
Businesses can receive a 60% tax credit for donations to the Wilton projects listed on this link.

Businesses interested in requesting a tax credit under the CT NAA Tax Credit Program must electronically submit Form NAA-02 through the DRS website for each program it wishes to sponsor. The contribution must be cash, minimum contribution of $250, maximum contribution of $150,000 or the value of the project, whichever is less, and made in the corporation's income year that corresponds to the same year as the approved program. Form NAA-02 is available on the DRS website for electronic submission through October 1, 2022. Mailed, hand delivered, or emailed submissions will not be accepted. Questions can be emailed to [email protected] or contact (860) 297-5687 for more information.

The Town of Wilton is the overseeing municipal agency for the Wilton based programs. For information on the program, please contact Sarah Gioffre at [email protected] or (203) 563-0129, x 1128.