Along with talks that "Bloodline" has got its premiere date, it has also been revealed that the series' season 3 might not happen.

In a statement, Netflix revealed that new Florida tax credits to lure film and television production are not going to push through, as indicated in Keys Net. According to the publication, a $300 million statement program, which was created in 2010, let tax credits to productions that film in Florida as the location. The publication added that the said program is set to end in July, but the tax credit reserves have already been utilized.

While "Bloodline" producers managed to obtain tax credits for the first two seasons, it is assumed that the inadequacy of the said credits will not be able to push season 3.

In his interview with the publication, Orlando media professional and entertainment Production Group Film Florida executive board member John Lux said that it had been devastating news, adding that there was not doubt that future seasons of "Bloodline" were in jeopardy. In fact, Lux also said that the issue not only concerns "Bloodline," but also other production in Florida like "Ballers."

On Mar. 21, Netflix announced that "Bloodline" is set to premiere its season 2 on May 27, Deadline reported. As per the publication, the second season installment of the series will have a total of ten episodes.

First aired on Mar. 20, 2015, "Bloodline" is Netflix's dramatic thriller series, which follows the investigation of the demons that thrive within a modern American family. The series is produced by Sony Pictures Television and KZK Productions for the movie streaming company.