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.