Update: Gov. Bruce Rauner has vetoed both measures, along with the education funding bill. The Senate has voted to override all three bills, which will now go to the House for override votes on Wednesday..

SPRINGFIELD — After brief debate, Senate has narrowly approved a $5 billion tax hike bill with one GOP vote in favor.

The Senate approved SB 9, the revenue bill, on a vote of 36-18 Tuesday. Sen. Dale Righter, a Republican, voted for the bill. Democratic Sens. Tom Cullerton and Julie Morrison voted against the tax hike.

Senate Republican Leader Bill Brady asked for more time to negotiate. But the bill’s sponsor, Sen. Toi Hutchinson, replied “We don’t have any more time. We know we don’t.”

“We are faced with the fierce urgency of now,” Hutchinson said. “We don’t have any more time.”

“It is time to be the independent legislature the framers demanded,” Hutchinson said, urging her colleagues to show they are members of a “co-equal branch,” which was a clear dig at Gov. Bruce Rauner.

Under the tax measure, the personal income tax rate would increase 1.2 % from the current 3.75 to 4.95 percent, which would generate roughly $4.3 billion.

An increase in the corporate income tax rate from 5.25 percent to 7 percent would bring in an additional $460 million.

The surplus revenue could be used to cover the cost of borrowing to pay down unpaid bills, Democrats said.

The Senate also approved a $36 billion spending plan that passed overwhelmingly in the House on Sunday night. The appropriations bill passed through the Senate with 39 votes. It should’ve had 40, but one senator said her button wasn’t working.

Gov. Bruce Rauner already promised to veto both measures.

Rauner has withheld support for a budget deal for two years in Illinois until he gets “structural” changes to boost business and relieve property-taxpayers.