It is enacted by the General Assembly as follows:

SECTION 1. Section 5-50-8 of the General Laws in Chapter 5-50 entitled "Health Clubs" is hereby amended to read as follows:

5-50-8. Truth in advertising -- Posting of rates. -- (a) It is unlawful for a seller, his or her agents, employees, or other representatives to misrepresent directly or indirectly in its advertising, promotional materials, or in any other manner:

(1) The size, location(s), facilities or equipment of the health club;

(2) The nature, extent, and availability of the services, courses, programs, guidance, instruction, counseling, assistance, devices or methods available at the health club;

(3) The price structure, price discounts, sales or offers of the health club.

(b) Every health club must clearly post ,within twenty (20) feet of the main entrance, a schedule of rates which advises buyers and potential buyers of the charges for the use of the health club facilities. The rates will include all renewal and new membership dues and fees.

SECTION 2. This act shall take effect upon passage.