Today, we get a glimpse of what the story will be. While speaking to Digital Spy, director Bobby Farrelly confirmed once again that Carrey and Daniels are on board for the sequel, and the movie will shoot once Daniels is clear of his "Newsroom" commitments.
He also revealed a bit about the film's plot, "I can tell you that there is no growth out of either one of them and it's 20 years later... these guys are in regular life and they're still basically children at heart." he said. "The story revolves around the fact that one of them may have sired a child. They want to go and find the child because he's having a kidney problem and he wants to ask him for one of his kidneys."
As far as when we might see the two good hearted but incredibly stupid friends back together again, Farrelly says, "We were hoping to shoot it very soon - this fall - but that didn't come to pass because of scheduling conflicts. Jeff has a successful TV show over here now so we have to work around that. We are planning on shooting it this coming spring and hopefully it will be out by next fall. That's the plan and that will be our next movie, we've already written the script. We're very anxious to get back in business with those two guys."
Source: Digital Spy