System information
When the captioning markers are read, Vegas Pro  creates an .SCC file in the media file's folder using the 
same base name  as the media file. The .SCC file is used when you use the media in the  future so the 
application doesn't need to scan the media again.
When you're finished editing your project, you can  promote the embedded captioning markers to the 
timeline:
1.  Select events with captions.
2.  From the Tools menu, choose Scripting, and then  choose Promote Media  Closed Captioning.
The markers appear as command   markers on the timeline, and you can move and edit the markers 
as needed:
Rendering captions
You can export captions in rendered media and in standalone  .SCC files.
n  When you render to XDCAM HD/XDCAM  HD422 MXF formats, captioning markers are embedded 
in the media file.  An .SCC file is also created using the base name of the rendered media  file.
n  When you render to MPEG-2 format,  captioning markers are encoded in ATSC format.
n  When you render to a format that does  not support embedded captioning markers, an .SCC file is 
created using  the base name of the rendered media file.
Importing or rendering Line 21 closed captions
Importing Line 21 captions
Vegas Pro reads  embedded Line 21 captions when you import a media file with a frame size  of 720x486 
pixels (or taller) and a frame rate of 29.97 fps.
When you add media to the timeline or Trimmer, embedded  captioning markers are displayed as media 
markers:
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