New Line has pulled its Jennifer Aniston comedy “Mean Moms” from the May 8, 2015 release date — and opted to forego a $6.7 million production tax credit from the state of California.

Instead, New Line announced Thursday that it had come on board to co-finance MGM’s untitled Reese Witherspoon-Sofia Vergara comedy and selected the May 8, 2015 release date.

“Mean Moms” had been selected for the production tax credit, based on 20% of qualified expenditures of $33.6 million. But production would have had to have launched by July in order to receive the credit, so parent Warner Bros. has withdraw the project from the tax credit program.

The state film commission will conduct a lottery on June 2 to select the next round of projects that can qualify for the production tax credit program, which receives $100 million annually. Demand far exceeds supply with less than 10% of the 380 applicants receiving the credit last year.

New Line is still developing “Mean Moms” with TV director Beth McCarthy-Miller helming. Project was set up in 2010 with Adam Shankman, Jennifer Gibgot and Jill Messick producing for New Line.

“Mean Moms” and Paramount’s 2004 comedy “Mean Girls” are both adapted from advice books for parents penned by Rosalind Wiseman.

The writing team of Sean Anders and John Morris are rewriting “Mean Moms,” which will focus on a happily married mother of two who moves from small-town America to the high-class suburbs and faces the cutthroat world of competitive parenting.