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A user rides a Bird scooter on April 17, 2018 in San Francisco, California. Photo: Justin Sullivan/Getty Images

San Francisco is no longer the Wild West of electric scooters—on Thursday, the city's transportation agency announced its new regulations, which require that startups remove their scooters from the streets by June 4 and apply for permits by June 7.

Why it matters: In a process resembling ride-hailing's early days, the sudden boom in dockless electric scooters has forced cities to quickly come up with rules — both to keep a transportation option some residents enjoy and to keep streets and sidewalks safe.

The numbers: As part of this 12-month pilot program, San Francisco will cap the number of scooters at 1,250 for the first six months, then weigh doubling the cap for the next six. Each startup will be allocated a number of scooters as part of the program.

Thought bubble: San Francisco's transportation agency says that it will issue permits (if any) by the end of June. This means that for much of next month, these companies' scooters will vanish from the city. Do we even remember a life before the scooters showed up?

Update: Lime and Spin tell Axios they will comply with the agency's rules. Bird says it "[looks] forward to working closely with the SFMTA to obtain a permit," but declined to clarify whether it plans to remove its scooters from the city's streets. (Note that there's a $100 fine per scooter, per day.)

The story has been updated with comments from Lime, Spin, and Bird.

Go deeper

Senate confirms retired Gen. Lloyd Austin as defense secretary

Photo: Greg Nash-Pool/Getty Images

The Senate voted 93-2 on Friday to confirm retired Gen. Lloyd Austin as secretary of defense. Sens. Mike Lee (R-Utah) and Josh Hawley (R-Mo.) were the sole "no" votes.

Why it matters: Austin is the first Black American to lead the Pentagon and President Biden's second Cabinet nominee to be confirmed.

House will transmit article of impeachment to Senate on Monday, Schumer says

Photo: Drew Angerer/Getty Images

Senate Majority Leader Chuck Schumer (D-N.Y.) announced that the House will deliver the article of impeachment against former President Trump for "incitement of insurrection" on Monday.

Why it matters: The Senate is required to begin the impeachment trial at 1pm the day after the article is transmitted.

Dan Primack, author of Pro Rata
2 hours ago - Politics & Policy

Private equity bets on delayed tax reform in Biden administration

Illustration: Brendan Lynch/Axios

In normal times, private equity would be nervous about Democratic Party control of both the White House and Congress. But in pandemic-consumed 2021, the industry seems sanguine.

Driving the news: Industry executives and lobbyists paid very close attention to Treasury Secretary nominee Janet Yellen's confirmation hearings this week, and came away convinced that tax reform isn't on the near-term agenda.