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
Proptech startup Particle Space acquired by LA real estate marketing software firm
The acquisition of a Kansas City proptech startup by one of its first — and biggest — customers offers founder David Biga the opportunity to pivot back to his entrepreneurial roadmap, he said, reflecting on next steps once Particle Space’s technology is fully integrated into its new home. “Build, give back, build, give back,” Biga…
Speak easy and SprinkleSumSalt: Podcaster passes the mic to KC’s underground arts scene
Untold stories of creative talent and entrepreneurial spirit are raging beneath the surface of Kansas City’s mainstream, said Bump Jonas, who finds vibrant inspiration in musicians, chefs, and small business owners angling to reach a broader audience. “I wanted to bring something unique to Kansas City, a space where artists and entrepreneurs can connect and…
Social studies to social venture: Missouri teen’s micro business helps students across the globe
Editor’s note: The following story was produced through a paid partnership with MOSourceLink, which boasts a mission to help entrepreneurs and small businesses across the state of Missouri grow and succeed by providing free, easy access to the help they need — when they need it. ST. LOUIS — It wasn’t an entrepreneurship course that…
Small biz in Africa needs capital to grow; here’s how C2FO, World Bank member are bringing ‘much-needed liquidity’
A new strategic partnership between Kansas City-built C2FO and IFC, a member of the World Bank Group, is expected to enhance financing for local enterprises in Africa — bolstering job growth and economic prosperity in an underserved segment of the global market. “C2FO is honored and delighted to collaborate with IFC to broaden the global…