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
Ashton Kutcher backs former KC-based startup Neighborly
It appears Kansas City may have let a promising startup slip through its fingers. Formerly based in Kansas City and now headquartered in San Francisco, Neighborly landed an investment and sparkling endorsement from venture capitalist superstar Ashton Kutcher. An actor and active tech investor, Kutcher founded venture capital firm Sound Ventures, which dished out one…
1MC Recap: PerfectCube, Mission Academy help customers take action
Two local startups took the 1 Million Cups stage to discuss their solutions — each with a goal of helping their customers take action. PerfectCube started the entrepreneurial program by presenting their data analytics web tool designed for small retail stores and franchise systems. “We’ve pivoted a half dozen times on what we offer,” said…
Schukman: Authenticity is the ultimate currency for millennials
The facts are in. Millennials prefer cause based products, are willing to pay more for them, and demonstrate strong brand loyalty to companies who weave social good into their stories. On the surface, these stats should be enough for any company to dive head first into branding themselves as social entrepreneurs. But, cause-based marketing is…
Brad Feld contest offering a startup free rent in KC
A prominent venture capitalist is launching an international competition in Kansas City that will offer a startup free office space in one of the area’s tech hotbeds. Brad Feld, co-founder of the Boulder-based Foundry Group, kicked off a contest Tuesday that will allow a startup to live in his Kansas City, Kan., home for one-year…