Lyft and Kansas City may reunite thanks to new ride-sharing law
April 27, 2017 | Bobby Burch
Missouri Gov. Eric Greitens on Monday signed legislation that could bring the ride-sharing company Lyft back to the Kansas City market.
Passed with strong support from Missouri lawmakers, Gov. Greitens’ signature sets forth regulations for ride-sharing companies such as Uber and Lyft, including licensing fees, background checks and inspections.
Lyft halted its Kansas City operations in October of 2014 after the city established for-hire transportation regulations it deemed as too burdensome. In 2015 the company said it wouldn’t return to Kansas City, while Uber agreed to work within the new regulatory framework. Uber and Lyft issued statements saying the new law — which also exempts ride-sharing companies from local and municipal taxes — will allow them to expand throughout Missouri.
The law should help create a more competitive environment for ride-sharing firms in Kansas City, Mo. and create more jobs around the state. Lyft is now in operation in Kansas City, Kan. and Johnson County.
The Kansas City Star reports that the new law will spur most area taxis to operate like Uber and Lyft vehicles. Bill George — the CEO of Kansas City Transportation Group, which operates hundreds of taxis in the area — said that cabs operating under Yellow Cab and 10/10 Taxi will be shifted to zTrip, a “transportation network company” or TNC. TNCs fall under the same state licensing rules as Uber and Lyft.
2017 Startups to Watch
stats here
Related Posts on Startland News
Report: KC is a tech hub but labor shortage is hampering growth
Each day, Kansas City is better positioning itself to be the Midwest’s tech hub. But for Kansas City to realize its full potential, tech leaders, policymakers and the community need to do more to cultivate homegrown talent, KC Tech Council president Ryan Weber said. “Attracting talent from another city is a very small game — and…
KC tech startup partners with Children’s Mercy to help diagnose, manage care
Kansas City-based Engage Mobile Solutions developed a mobile app assisting pediatricians at Children’s Mercy Hospital, treating children facing acute illnesses and injuries. The tech firm created “CMPeDS: Pediatric Decision Support” to provide healthcare professionals with evidence-based guidelines to manage patients who are facing acute illnesses such as infections, or children who are experiencing acute injuries,…
UMKC eyes ‘final four’ of Enactus contest attracting thousands of student entrepreneurs to KC
Kansas City will soon become the entrepreneurial epicenter for a national, collegiate competition and conference challenging young innovators to do good in their communities. From May 21 to 23, Kansas City will host more than 2,000 entrepreneurial college students for the Enactus United States National Exposition. Founded in 1975, Enactus challenges students from more than…
Kauffman VP hops on national TV to discuss gaps in entrepreneurship
The Ewing Marion Kauffman Foundation’s vice president of entrepreneurship recently took to national television to examine declining startup rates. CNBC recently featured Victor Hwang to discuss the trend in declining startup rates, including generational gaps, cultural shifts, limited access to capital and the impact of regulations. “It’s hard to pin it down exactly,” Hwang told…