PETERSON. New Act Creates the Tobacco Settlement Proceeds for Affordable Health Insurance Coverage Act. Provides that up to 25% of the amounts received by the State pursuant to a tobacco settlement agreement shall be dedicated to pay a tax rebate to small employers with high-risk employees for the purpose of improving the affordability of health insurance coverage for those employees and increasing their access to health insurance coverage. 00-02-02 S FIRST READING 00-02-02 S REFERRED TO SENATE RULES COMMITTEE RULES 01-01-09 S SESSION SINE DIE END OF INQUIRY Full Text Bill Summary