Passed
Result: 69.5% yes, 30.5% no (342,310 votes cast)
This San Francisco measure permanently restructures multiple business taxes by adjusting gross receipts tax rates, business registration fees, executive compensation taxes, and administrative office payroll taxes while increasing small business exemptions, with an estimated annual revenue increase of $50 million. The changes affect tax rates across various categories, with gross receipts taxes ranging from 0.1% to 3.716% and registration fees from $55 to $60,000 depending on business size and type.