This is a 2-minute summary of what’s on the ballot. Click here to listen to them all . San Francisco Measure L is more popularly known as the “ overpaid executive tax .” Here’s how it would work: Starting in 2022, if a San Francisco-based company’s highest-paid employee makes between 100 to 200 times the median salary of the company's local workforce, then the city would levy a point one percent fee of the company’s total revenues.