MADISON, Wis. (CBS 58) -- Leaders in the state Assembly announced Thursday they've reached an agreement on a bipartisan bill that would restore some state funding for WisconsinEye, a non-profit agency that, similar to C-SPAN, provides video streams and archives of legislative hearings and floor sessions.

At the state Capitol, Assembly Speaker Robin Vos (R-Rochester) and Assembly Minority Leader Greta Neubauer (D-Racine) told reporters they'd soon introduce a bill that would allow WisconsinEye to resume its operations.

WisconsinEye went off the air on December 15, citing a lack of funding. 

At a press conference, Vos and Neubauer said the bill would activate $10 million that had been set aside for WisconsinEye in the current state budget as part of an endowment. The interest on that endowment will go toward WisconsinEye's operations.

Vos said lawmakers plan to activate WisconsinEye in time to stream the Assembly's floor sessions in February. The state Senate streamed its floor session Wednesday through the Legislative Technology Services Bureau.

"At a time when we don't always find consensus," Vos said. "It is nice that on something like transparency and open government, I think we're in sync."

While WisconsinEye has been off the air, GOP legislative leaders have been enforcing a rule that bans the public from recording legislative meetings unless they're credentialed by the Legislature.

WisconsinEye is currently running an online fundraiser with the goal of taking in $250,000. As of Thursday evening, the fundraiser has generated a little less than $50,000.

Vos and Neubauer said under the bill, there would be increased scrutiny of how WisconsinEye manages its money, as well as an overhaul of its board of directors. 

Neubauer added the agreement should allow the video service to expand its coverage of state government proceedings.

"We do want to ensure there's access to everything going on in the Capitol," Neubauer said. "We hope they will continue to increase their offerings, as we move forward, in terms of covering more hearings and committees."

The bill faces a significant hurdle in the Senate, where Majority Leader Devin LeMahieu (R-Oostburg) has expressed skepticism over WisconsinEye, noting the non-profit previously missed a January 9 deadline the Senate gave for the service to provide an updated operational plan.

One source involved in the talks told CBS 58 last week both Assembly leaders, as well as Gov. Tony Evers' administration, were close to a deal.

However, Britt Cudaback, a spokesperson for Evers, told CBS 58 Thursday the governor's office has not been involved in the negotiations surrounding the soon-to-be-introduced bill.

"Our office hasn't participated in any meetings with legislative leaders about this," Cudaback wrote. "Nor have we seen any proposal."

Cudaback added the governor's office looks forward to reviewing the Assembly lawmakers' plan.