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
Tech veterans launch startup studio to back next-wave SaaS products with founder-led thinking
Backed by years of entrepreneurial wins, the team behind Full Scale and the exited Stackify just announced a new product studio and startup lab concept — purpose-built for what founder Matt Watson called the post-playbook SaaS era. “Founders today are facing a new set of realities,” said Watson, serial entrepreneur, podcast host, and co-founder of…
Arts summit’s three-year move to KC celebrates flyover country creatives (and the entrepreneurs who make it)
Great art stands on its own merits, said Diane Scott, but if the artist behind a piece can’t or doesn’t sell their vision to the world, their expression hasn’t achieved its goal. “Nobody makes art to not share it with other people,” added Scott, director of artist services for the Kansas-City based Mid-America Arts Alliance,…
How this ‘Hallmark town’ gets its country charm from a Main Street serial entrepreneur
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. WARSAW, Mo. — Owning her own boutique — and…
Landlord insurance startup using $30M round to invest in KC team; here’s where its hiring
An eight-figure funding injection is expected to allow Steadily to fuel growth in its greatest asset: talent, shared OverlandPark-based co-founder and COO Datha Santomieri. On Wednesday, the landlord insurance startup — with headquarters in Overland Park and Austin, Texas — announced a $30 million Series C round led by Two Sigma Ventures with participation from…