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Gregory Gac, left, of Illinois Financing Partners and Brian Hynes,of Vendor Assistance Program talk after testifying at a legislative hearing Monday, April 23, 2018, in Springfield, Ill., that their companies are owed hundreds of millions of dollars in late-payment penalties by the state. Their firms and two others participate in the Illinois Vendor Assistance Program. They borrow billions of dollars to pay government vendors on time with the promise that state repayment will come with prompt-payment penalty fees, which state law requires be paid "within a reasonable period of time." The firms have waited as long as a year for penalty pay, which covers lending and operational costs of the program. †(AP Photo/John O'Connor)

Gregory Gac, left, of Illinois Financing Partners and Brian Hynes,of Vendor Assistance Program talk after testifying at a legislative hearing Monday, April 23, 2018, in Springfield, Ill., that their companies are owed hundreds of millions of dollars in late-payment penalties by the state. Their firms and two others participate in the Illinois Vendor Assistance Program. They borrow billions of dollars to pay government vendors on time with the promise that state repayment will come with prompt-payment penalty fees, which state law requires be paid "within a reasonable period of time." The firms have waited as long as a year for penalty pay, which covers lending and operational costs of the program. †(AP Photo/John O'Connor)

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