Mental Health SF could be paid for with a new gross receipts tax on companies that pay their CEOs upward of 100 times more than the median compensation paid to employees. (Photo: Shutterstock)
A daring measure to provide mental health care to any San Francisco resident will be offered to the city's Board of Supervisors next week and to voters in November.
As reported by the San Francisco Chronicle, the offering, Mental Health SF, could be paid for with a new gross receipts tax on those companies that pay their CEOs upward of 100 times more than the median compensation paid to employees. That measure would also need voter approval, but while the mental health care plan only needs a simple majority, the tax will require a two-thirds majority to become fact.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Marlene Satter
Marlene Y. Satter has worked in and written about the financial industry for decades.
