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
Meet three tech startup founders pitching in KC’s women-led ‘Dolphin Tank’ event
A pitch event is set to return to Kansas City with a trio of female founders spotlighted for a panel of “dolphins.” “Springboard’s Dolphin Tank brings the power of our collective community to women entrepreneurs innovating in enterprise tech,” said Natalie Buford-Young, CEO of Springboard Enterprises. “Our Dolphin Tank events showcase exciting women-led companies and…
Founders earn innovation, Business Hall of Fame honors from Junior Achievement
Carlos Antequera’s business roots run deep, he told a crowd gathered for his induction into Junior Achievement’s Business Hall of Fame, noting inspiration and impact from his time assisting his grandmother in her convenience store in Bolivia to current-day collaborators in Kansas City. “I’ve been very fortunate in my entrepreneurial journey to have been surrounded…
Missouri cannabis company grows into flower, buying massive Kansas City grow facility
A Springfield-based cannabis company is acquiring a massive growing and manufacturing facility in Kansas City, positioning Show-Me Organics as a vertical player in the budding Missouri marijuana market. The deal to purchase the local 80,000-square-foot cannabis operation from Holistic Industries — one of the nation’s largest, private multi-state operators in the cannabis industry — is…
THC-infused lemonade squeezes into market as ballot push unbottles potential for 2M Missouri cannabis customers
Blending the classic and comforting flavor of lemonade with the benefits of marijuana is like mixing oil and water, said Michael Wilson. But Franklin’s Stash House persisted, spending the time and money to perfect the process behind its THC-infused lemonade, he said. “Our water soluble formula has been our biggest investment — and really the…