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Securitized Tobacco Revenue Uses by State Source: Official Statements, authorizing legislation, and/or bond documents of the respective State issuer NYC Usage: Debt Limit Definition and Circumvention In the late 1990s, around the time the MSA settlement was executed, the City was running out of financing capacity under the Constitutional Debt Limit

Weight: 1.54 oz./43.54 g

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This was partly due to the etiquette of entertaining, but also because lighters were not as safe or small back then, and you stood less of a chance of lighting yourself on fire or having gunpowder leak into your pocket if you just relied on the lighter offered by the host