Illinois Code § 50 ILCS 505/4

Any bill approved for payment pursuant to Section 3 shall be
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paid within 30 days after the date of approval. If payment is not
made within such 30 day period, an interest penalty of 1% of any amount
approved and unpaid shall be added for each month or fraction thereof after
the expiration of such 30 day period, until final payment is made.

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