House Speaker Michael Madigan is launching a bi-partisan special House committee to review ventures like Governor Rauner's plan to have a private company work with the Illinois Department of Commerce and Economic Opportunity.

Madigan spokesman Steve Brown says the panel will work to ensure integrity within any public-private partnership, while making sure that all ethical and transparency requirements are met.

Gov. Bruce Rauner’s plan for a DCEO public/private partnership calls for a private company to work with the agency and make decisions on allocations of state money and tax breaks to corporations. The corporation would be funded with private donations.