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

        Eyeing a funding round? InvestMidwest deadline looms

        By Tommy Felts | January 3, 2017

        The top investment forum in the Midwest is hoping to garner more applications from fast-growing firms in the Kansas City area. Now in its 18th year, the InvestMidwest Venture Capital Forum hosts investors from around the world that hope to hear from the region’s most-promising firms that need a boost of capital. Companies that presented…

        How Meshuggah Bagels and Ruby Jean’s Juicery dealt with rapid growth

        By Tommy Felts | January 3, 2017

        Imagine this. It’s opening day at your quaint cafe and you hope Kansas Citians like your bagels. It turns out they do — a whole lot. So much in fact that the line spills out the door for the next few weeks, spurring demand that’s more than 300 percent higher than anticipated. Pair that challenge…

        Events Preview: KC Roundtable, 1MC is back

        By Tommy Felts | January 3, 2017

        There are a plethora of entrepreneurial events hosted in Kansas City on a weekly basis. Whether you’re an entrepreneur, investor, supporter, or curious community member — we recommend these upcoming events for you. Weekly Events Preview Startup Rewind When: Jan. 4, 7:15 a.m. – 8:30 a.m. Where: Deer Creek Golf Club The Startup Rewind is a…

        Recap of an impressive 2016 for Kansas City’s top startups to watch

        By Tommy Felts | January 3, 2017

        What a year it’s been for Kansas City startups. From exits and capital raises to awards and partnerships, the area’s early-stage firms have kept Startland News plenty busy in 2016. To mark that success, we’re revisiting a list we compiled a year ago relaying 10 startups that we believed were poised to make noise in…