An employee at a local business in San Francisco gives change during a transaction.

Proposition M — Overhaul SF Business Tax System

See our November 2024 SF Voter Guide for a nonpartisan analysis of measures on the San Francisco ballot, for the election occurring Nov. 5, 2024. The following measure is on that ballot. Proposition M would fundamentally change how the city taxes businesses, in order to better align with post-pandemic work norms and strengthen the government’s long-term financial footing. 

The measure would exempt more small businesses from taxes and fees, while reducing taxes on some of the city’s largest companies. 

Listen to a summary of what this ballot measure would do. What it would do

Proposition M would shift how San Francisco calculates its gross receipts tax paid by businesses.

Passengers disembark a Waymo vehicle.

Proposition L — Tax Ride-Hailing and Autonomous Vehicle Companies to Fund Public Transit

See our November 2024 SF Voter Guide for a nonpartisan analysis of measures on the San Francisco ballot, for the election occurring Nov. 5, 2024. The following measure is on that ballot. Proposition L would tax ride-hail companies, including those that operate self-driving cars, and devote the tax revenue to improving San Francisco’s public transit. Listen to a summary of what this ballot measure would do.