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
Schukman: 5 ways to fuse a social mission in your company
I’ve recently been exploring ways in which traditional companies have been retroactively becoming social entrepreneurs. Recall from my last piece that social entrepreneurship is a businessperson that creates a profit and purpose-driven organization in which the business and social missions run in tandem. Our social mission, therefore, becomes a key component of our marketing, branding,…
KCK tech firm RFP365 named ‘new small business’ of the year
The wins are stacking up for RFP365. Now weeks after scoring a contract with the City of Kansas City, Mo., the tech company was named the 2015 “New Small Business of the Year” Friday by the Kansas City Kansas Chamber of Commerce. A member of the Kansas City Startup Village, RFP365 created software that eases…
Gallery: Sprint Accelerator Demo Day
The Sprint Mobile Health Accelerator held its Demo Day event Thursday at the Kauffman Center for the Performing Arts. Ten startups that specialize in mobile health technology graduated from the Techstars-led accelerator, which conducts a three-month, mentor-led program designed to quickly advance businesses. Check out photos from the event by scrolling below.
Think IP: 3 IP rights your startup should know
In this Think column, Venture Legal attorney Andrew McGhie explores the complex world of intellectual property and how to protect your company. The Think column helps entrepreneurs to stop and think about the various aspects of starting and running a business. The most valuable assets for startups often include some type of intellectual property. What protection is…