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

        90 on the Clock with Mighty Handle

        By Tommy Felts | October 21, 2015

        90 on the Clock with Mighty Handle  By John McGrath, KCPT, and Bobby Burch, Startland News Ed’s Note: Flatland and Startland News have partnered to highlight Kansas City’s innovators and entrepreneurs, all in 90 seconds. This is the fifth and final episode in the series. Think of Mighty Handle as your digital defender. No, Mighty Handle is not anti-virus…

        Gooding: Create your own market — don’t compete in someone else’s

        By Tommy Felts | October 20, 2015

        “It’s a $100 million dollar industry, all I have to do is capture 1 percent of that market and I’ll make a million dollars.” After working with hundreds of startups, I have heard this statement countless times. This way of thinking is held by many business owners regardless of their industry, background or target market.…

        From Mizzou to Spike TV, Tommy Saunders’ ab rollers hit national stage

        By Tommy Felts | October 20, 2015

        Tommy Saunders is serious about fitness — one glance at his eight-pack and pythons for arms makes that clear. But the Kansas City entrepreneur is also serious about business, a fact he plans to prove as part of a reality-competition series debuting Tuesday on Spike TV. A former University of Missouri football standout, Saunders recently…

        Chris Costello, Bloom

        Blooom co-founder dissects $4M raise

        By Tommy Felts | October 19, 2015

        Financial tech firm Blooom recently snagged one of the Kansas City area’s largest funding rounds in months. QED Investors from Alexandria, Va., led Blooom’s $4 million Series A round, which also included investments from DST Systems Inc., Commerce Ventures, Hyde Park Venture Partners and UMB. The Leawood-based firm plans to use the funds to hire new sales…