From California Chronicle.com:
Mayor Gavin Newsom introduced legislation to grant local small businesses a payroll tax credit against the costs of participating in Healthy San Francisco. The legislation will provide businesses with 20-49 employees an annual $2,000 payroll tax credit to help offset the cost of providing health care to workers.
"With this legislation, we are incentivizing and rewarding small businesses who are stepping up to the plate and participating in providing health care to employees," said Mayor Newsom. "The Healthy San Francisco Small Business Tax Credit will help ensure small businesses continue to be an engine of new job creation and economic recovery on the road to achieving our goal of universal health care."
If all qualifying businesses participate, the projected cost would be approximately $4 million, not including administration expenses.