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WisconsinEye Returns After $50,000 Stopgap as Assembly Panel Advances Trust-Fund Plan

The proposal would move $9.75 million into a trust to generate partial operating support, leaving Senate consideration plus the governor’s signature still required.

Overview

  • The Joint Committee on Legislative Organization voted 10–0 to provide $50,000 for February operations, split between the Assembly and Senate, allowing broadcasts and the online archive to resume.
  • Assembly Bill 974 passed the Assembly Committee on State Affairs unanimously after a public hearing, but there is no Senate companion filed.
  • The bill would direct interest from a $9.75 million fund to WisconsinEye, estimated at 4–7% per year, or roughly $390,000 to $682,000 toward an annual budget cited at about $950,000.
  • Board chair Mark O’Connell said bridge support will be needed until investment earnings flow and noted donor commitments that would activate if the legislation is enacted.
  • Conditions in the bill include legislative leader designees on the board, a focus on official state government business, continuous free online access to live streams and archives, annual financial reporting, and archive transfer with grant repayment if operations cease.