San Franciscans will vote on several propositions in November. Proposition L proposes an additional tax on ride-hail companies, like Uber and Lyft, and autonomous vehicle companies. Here’s what to know before casting your ballot on Nov. 5.
What is Prop L?
Here’s what the proposition asks: In San Francisco, should an additional business tax be placed on Transportation Network Companies (ride-hailing) and autonomous vehicle businesses to fund public transportation?
What does that mean?
If passed, Prop L would impose another tax on ride-hailing transportation companies like Lyft and Uber as well as AV companies like Waymo. The money raised would support public transportation services. In this case, Muni and its fare discount programs.
This proposition is aimed at companies like Uber and Lyft that have roamed the streets for well over a decade. But it also includes AVs such as Waymo that offer driverless taxi service in the city.
Who does this Prop L impact?
Prop L would impact the businesses that are being …