Plain English Breakdown
The official text confirms the exemption and the creation of a new definition but does not provide the actual details of that definition.
Exempting Multiservice Health Club Studios from Fee Limits
This law creates a new definition for multiservice health club studios and exempts them from the $4,400 payment limit on contracts.
What This Bill Does
- Removes the rule that limits total contract payments to $4,400 for multiservice health club studios.
- Creates a specific legal definition for what counts as a 'multiservice health club studio'.
Who It Names or Affects
- Multiservice health club studios
- People who sign service contracts with these studios
Terms To Know
- payment limitations
- The current rule that stops most health studio contracts from requiring more than $4,400 in total fees.
- multiservice health club studio
- A type of fitness business defined by this bill to be exempt from the payment limit.
Limits and Unknowns
- The provided text does not list the specific features a business must have to qualify as a multiservice health club studio.
- The source material does not state when this law will officially take effect.