SB 1216 - This act modifies certain definitions used in the provisions regarding travel clubs and the required language used in rescission statements on travel club contracts. It changes how a travel club membership purchaser can rescind a transaction. Currently, a travel club membership purchaser may receive a full refund after canceling their purchase, minus the cost of any services actually consumed. Under this act, the purchaser is entitled to a full refund, minus the actual and reasonable cost of processing the refund, including credit card fees. SUSAN HENDERSON MOORE