Actress will topline and produce the project through her shingle, Brownstone Prods.
Banks brought the spec, written by Mike Culbert and Mike Pellettieri, into DreamWorks, which is keeping the high-concept storyline under wraps.
Max Handelman and Hal Lieberman are also onboard to produce. Brian Paschal is exec producing.
Last week, New Line bought the female-driven comedy pitch “What Was I Thinking?” as a star vehicle for Banks and Leslie Mann. Banks’ recent credits include horror film “The Uninvited” and Oliver Stone’s “W.”