New York A08638 amends the calculation of the maximum fee for health clubs, allowing the annual fee to be adjusted for inflation based on the US.

New York A08638 modifies the general business law to adjust the maximum annual fee for health clubs based on inflation, using the US Consumer Price Index. This change ensures that the fee cap keeps pace with economic changes, protecting consumers from excessive increases. The amendment applies to all health club contracts except those solely for tennis, platform tennis, or racquetball facilities. The bill takes effect immediately upon enactment.

New York A08638 amends the calculation of the maximum fee for health clubs, allowing the annual fee to be adjusted for inflation based on the US.

New York A08638 modifies the general business law to adjust the maximum annual fee for health clubs based on inflation, using the US Consumer Price Index. This change ensures that the fee cap keeps pace with economic changes, protecting consumers from excessive increases. The amendment applies to all health club contracts except those solely for tennis, platform tennis, or racquetball facilities. The bill takes effect immediately upon enactment.