The Overpaid CEO Act

The Overpaid CEO Act: What You Need to Know

WHY DO WE NEED IT?

Federal cuts have threatened essential city services. Since Trump entered office, support for local programs has been dramatically reduced, leaving San Francisco with fewer resources to meet community needs. We must act now and stand up for San Francisco through this public service and tax fairness measure.

LOCAL SERVICES ARE AT RISK.

Without new funding, critical programs like public health, housing, homelessness response, and neighborhood safety face growing uncertainty — which is why the Stand Up for SF coalition is taking action.

HOW DOES IT WORK?

The Overpaid CEO Act places a small surcharge on large corporations whose top executives earn more than 100 times the median salary of their workers. Only companies with over 1,000 employees and more than $1,000,000,000 in revenue — truly the biggest corporations — whose CEOs make over one hundred times the median salary of their employees will pay this surcharge as part of the Stand for Up SF reform.

WHO PAYS?

Only a handful of the largest corporations in San Francisco will be affected. Small businesses, homeowners, renters, and working families will not — a core principle of the Stand Up for SF fairness measure.

WHAT DOES IT FUND?

Revenues will help preserve critical city services: healthcare workers, first responders, public hospitals, housing, in-home support services (IHSS), long-term care (LTC) programs, and other essential services that keep our neighborhoods safe and healthy. These investments reflect the Stand Up for SF commitment to public services.

PROTECTING OUR FUTURE.

By reinvesting these dollars locally, we can close funding gaps, protect vital programs, and keep San Francisco a place where all families can thrive — the core goal of Stand Up for SF as a public service initiative.