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
Another slice in stock: Walmart picking up KC startup’s Made-in-the-USA Pizza Saver
Mighty Good Solutions leaves no ideas to waste, said co-founder Ben Rendo. The Crossroads-based company’s Pizza Saver product — baked from a simple premise — is its latest offering to earn a deal with the world’s largest retailer. “We just try to focus on products that are going to make everyday life better,” Rendo said…
Imagine Argentine: How 10 students hope to transform a KCK neighborhood
It’s about making Argentine better, said Emma Jones and Sergio Garcia. Both middle schoolers are members of Imagine Argentine’s 10-student cohort. The social entrepreneurship program is dedicated to solving social challenges in Argentine, Kansas, said Kurt Reitema, director of justice initiatives for Youthfront, a KC-based youth ministry organization. The cohort meets each day during the…
ECJC unveils new $5M seed fund for regional startups
Kansas City has a new fund targeting Midwest startups. The Enterprise Center in Johnson County is leading a bi-state initiative that’s working to capitalize the $5 million Fountain Innovation Fund. The fund — built by the Midwest Seed Consortium — aims to increase the number and pace of scalable firms by investing in the most…
All-Star voting winners: E-Day at the K celebrates KCSourceLink, its network (Photos)
KCSourceLink’s Entrepreneur Day at the K heralded the work of the support organization’s sprawling network of partners. But the tailgate party at Kauffman Stadium didn’t let founder Maria Meyers go unnoticed. Reading from a proclamation announcement marking Monday as “KCSourceLink Entrepreneur Day” in Kansas City, Missouri, Nathan Kurtz, entrepreneur advocate at the Ewing Marion Kauffman…