New York Prepping Tax Breaks for Jimmy Fallon-led 'Tonight Show'

Jimmy Fallon won’t officially take over as host of NBC’s The Tonight Show for some time, but New York legislators are already rolling out the red carpet for him.

Make that a “green” carpet.

Not only is NBC planning to ditch Jay Leno for the younger Fallon, the network is considering moving the fable talk show from California to New York. And network executives may have plenty of reasons to make such a shift.

Quietly tucked into tentative state budget is a provision that would help NBC move “The Tonight Show” back to New York, the Daily News has learned.

The provision would make state tax credits available for the producers of “a talk or variety program that filmed at least five seasons outside the state prior to its first relocated season in New York,” budget documents show.