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
‘Those are fighting words’: Why Weston Bergmann won’t stop until ‘The Blox’ changes every challenger’s life
With the largest live-in startup competition now available on Amazon Prime Video, the stakes have never been higher and the potential never greater for “The Blox” — a show where the reality TV format is mined to turn entrepreneur education into entertainment. “The demand to be on the show has exponentially grown, and with it…
Team behind KC Current, CPKC Stadium honored as Entrepreneurs of the Year
Chris and Angie Long scored another big win Thursday — joining the roster of Kansas Citians honored as UMKC’s Entrepreneurs of the Year — amid an evening that celebrated the world of athletics and the leaders who make the KC sports scene shine. “We feel very proud that we have set a bar,” said Angie…
UMKC’s Student Entrepreneur of the Year sees business potential in KC’s diverse futbol ecosystem
Lesly Romo couldn’t shake an idea bouncing around in her mind for the past few years: a venture she ultimately would call Golazo, a multi-faceted soccer facility that offers the world’s diverse forms of futbol all in one place. Recently named UMKC Student Entrepreneur of the Year, Romo first conceived the concept during her freshman…
InvestMidwest aims to turn connections into dollars; startups can apply to pitch now
Attending InvestMidwest as an audience member was so impactful for Nick Love that the Love Lifesciences co-founder hopes to pitch his own company when the startup-investor conference and showcase returns this spring to Kansas City — for the first time since 2019. “InvestMidwest allowed us to speak with investors, but was also structured such that…