IL HB3131

Creates the Advancing Federally Regulated Illinois Transmission Projects Act, authorizing the Department of Commerce and Economic Opportunity (DCEO) to identify electric transmission projects for the PJM State Agreement Approach to improve grid resilience, reliability, and clean energy access for utilities serving more than 3,000,000 customers

Establishes priority criteria for the first project agreement: more than 75 miles built on existing rights-of-way, more than 80 miles built underground, high voltage direct current (HVDC) technology at 500 kV or greater design voltage, and connection of 2 or more regional transmission organizations

Requires all project costs to be allocated to Illinois ratepayers only, with other states participating only if they voluntarily agree; revenue from customer contracts must be disclosed annually and offset costs recoverable from ratepayers

Amends the Public Utilities Act to streamline certificate of public convenience and necessity approvals, requiring final orders within 240 days for projects not seeking eminent domain authority and exempting such projects from competitive bidding requirements

Mandates project labor agreements for all general contractors constructing any portion of qualifying transmission projects within Illinois