IL HB4823

Requires all new electric transmission facilities (69 kilovolts or higher) located wholly or partly in Illinois to be owned, operated, and maintained exclusively by Commission-regulated, Illinois-headquartered investor-owned utilities

Allows third-party contractors to design and construct transmission facilities, but ownership must transfer to a regulated utility before initial energization, with no ongoing ownership or operational control retained by the contractor

Grants incumbent electric transmission owners the right to construct, own, and maintain transmission lines (100 kilovolts or higher) approved in regional transmission plans, with proportional ownership rights based on retail service territory location

Authorizes the Illinois Commerce Commission to impose monetary penalties, revoke certifications, or issue transfer orders against entities that violate the ownership requirements

Amends the Illinois Works Jobs Program Act to require community-based organizations participating in preapprenticeship programs to include commercial driver's license (CDL) training in their plans