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

        Olathe brothers opening vintage clothing storefront; next-generation founder eyes serial entrepreneurship

        By Tommy Felts | October 12, 2023

        A pair of brothers are rolling open the garage door on their first brick-and-mortar venture this weekend, turning a curated online source for vintage clothing into a physical storefront in Kansas City’s Westside neighborhood. Thomas and Reade Rex are set to host The Rex Catalog’s grand opening 11 a.m. to 6 p.m. on Saturday, Oct.…

        Why Bay Area investors are shifting their gaze from tech to on-the-ground ag innovations

        By Tommy Felts | October 12, 2023

        Agriculture innovation is at a capital-fueled crossroads, said Josh Svaty, describing a growing appetite from well-funded West Coast investors who are hungry for high-yield Midwest solutions. Climate change — and the challenges it poses across industries — is seeding much of that interest, explained the Kansas farmer, former politician, and investor; speaking to Startland News before…

        Foresight announces $100K investment for its AI-fueled fintech fraud solution for banks

        By Tommy Felts | October 12, 2023

        Fresh off completing the Tulsa Techstars Accelerator and NXSTAGE fintech competition in Wichita, a busy Kansas City startup just announced a $100,000 investment from Northwestern Mutual. Foresight — an artificial intelligence platform from serial entrepreneur and investor Jannae Gammage — earned a spot in Northwestern Mutual’s Black Founder Accelerator program alongside four other Black-owned tech…

        Innovation center, investor hub set to open this month on Liberty campus, thanks to family’s gift 

        By Tommy Felts | October 11, 2023

        LIBERTY, Missouri — A significant financial gift to William Jewell College from a family of alumni is expected to fund a new innovation center opening on campus this month. The space is expected to serve as an investor hub and flexible workspace for Kansas City entrepreneurs. The Mathes Innovation Center — made possible by the…