Golf Carts | Source: Morguefile.com | Click to enlarge

It seems like a great example of entrepreneurial talent: a nineteen-year-old Maine resident, Matt Rand, has started a golf card transportation service on Peaks Island, trading rides in his cart for tips from people riding the Peaks Island ferry.

Unfortunately, even bright ideas have a dark side. On Monday, the Portland City Council voted 5-3 that the carts must be licensed as taxis, and carry insurance just as any taxi service must.

Rand, however, says that he doesn’t make enough money to pay for the $5,000/year insurance.

According to the Portland Press Herald, the Peaks Island Transportation Service asked for the change because Rand was cutting into their business. They’re a non-profit organization that used $20,000 to buy a van for similar use.