Place prepared bread in greased 13x9x2-inch baking pan. Sprinkle in order given the cheddar cheese, sausage, Monterey Jack cheese and chilies.
Combine eggs, half-and-half and seasoning, mixing well. Pour mixture over layers. Cover and refrigerate overnight.
Bake at 350° F for 50 minutes. Let set for 10 minutes before serving.Makes 6