Lyft and Kansas City may reunite thanks to new ride-sharing law

April 27, 2017  |  Bobby Burch

Photo by Lyft

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.

startland-tip-jar

TIP JAR

Did you enjoy this post? Show your support by becoming a member or buying us a coffee.

Tagged , , ,
Featured Business
    Featured Founder

      2017 Startups to Watch

        stats here

        Related Posts on Startland News

        New FCC chairman Ajit Pai is familiar with KC startup community

        By Tommy Felts | January 24, 2017

        A native Kansan that recently visited with the area’s entrepreneurial community will now head the Federal Communications Commission. President Donald Trump selected Ajit Pai, the senior Republican on the FCC to lead the commission, which regulates interstate and international communications by radio, television, wire, satellite and cable. “I am deeply grateful to the President of…

        Need for speed: Mozilla awards $101K to local gigabit projects

        By Tommy Felts | January 23, 2017

        The Mozilla Gigabit Community Fund announced it will award a total of $101,000 to fund six local projects that use gigabit technology to impact learning. The Gigabit Community Fund is a national partnership between the National Science Foundation, US Ignite and Mozilla. Locally, the fund partners with KC Digital Drive, whose goal is to leverage…

        Firebrand Ventures joins $6.85M round in Des Moines startup

        By Tommy Felts | January 20, 2017

        Continuing a streak of investments, Kansas City-based Firebrand Ventures joined a sizable investment in an Iowa-based payments processing startup. Firebrand joined six other venture funds in a $6.85 million funding round in Des Moines-based Dwolla, which builds applications that facilitate bank transfers, manages customers and verifies bank accounts. The round was led by Union Square…

        Eze Redwood, Rise Fast

        Challenging the notion of ‘entitled millennials,’ Rise Fast empowers young people

        By Tommy Felts | January 19, 2017

        When the economy took a turn for the worst in 2008, many millennials saw their parents and grandparents laid off by companies they’d been loyal to for years. Eze Redwood said that although it’s easy to gloss over the impact that traumatic events have on a generation’s psyche, young professionals carry the weight of this…