‘‘(iii) 5 percent into the account estab-
lished by section 23 of the Deep Ocean En-
ergy Resources Act of 2006. 
‘‘(iv) 5 percent into the account estab-
lished by section 26 of the Deep Ocean En-
ergy Resources Act of 2006. 
‘‘(d) TRANSMISSION OF ALLOCATIONS.— 
‘‘(1) IN GENERAL.—Not later than 90 days after 
the end of each fiscal year, the Secretary shall trans-
mit— 
‘‘(A) to each State 60 percent of such State’s 
allocations 
under 
subsections 
(b)(5)(A)(i), 
(b)(5)(B)(i), (c)(4)(A)(i), and (c)(4)(B)(i) for the 
immediate prior fiscal year; 
‘‘(B) to coastal county-equivalent and mu-
nicipal political subdivisions of such State a 
total of 40 percent of such State’s allocations 
under 
subsections 
(b)(5)(A)(i), 
(b)(5)(B)(i), 
(c)(4)(A)(i), and (c)(4)(B)(i), together with all 
accrued interest thereon; and 
‘‘(C) the remaining allocations under sub-
sections (b)(5) and (c)(4), together with all ac-
crued interest thereon. 
‘‘(2) ALLOCATIONS TO COASTAL COUNTY-EQUIVA-
LENT POLITICAL SUBDIVISIONS.—The Secretary shall 
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make an initial allocation of the OCS Receipts to be 
shared under paragraph (1)(B) as follows: 
‘‘(A) 25 percent shall be allocated to coastal 
county-equivalent political subdivisions that are 
completely more than 25 miles landward of the 
coastline and at least a part of which lies not 
more than 75 miles landward from the coastline, 
with the allocation among such coastal county- 
equivalent political subdivisions based on popu-
lation. 
‘‘(B) 75 percent shall be allocated to coastal 
county-equivalent political subdivisions that are 
completely or partially less than 25 miles land-
ward of the coastline, with the allocation among 
such coastal county-equivalent political subdivi-
sions to be further allocated as follows: 
‘‘(i) 25 percent shall be allocated based 
on the ratio of such coastal county-equiva-
lent political subdivision’s population to the 
coastal population of all coastal county- 
equivalent political subdivisions in the 
State. 
‘‘(ii) 25 percent shall be allocated based 
on the ratio of such coastal county-equiva-
lent political subdivision’s coastline miles to 
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the coastline miles of all coastal county- 
equivalent political subdivisions in the 
State as calculated by the Secretary. In 
such calculations, coastal county-equivalent 
political subdivisions without a coastline 
shall be considered to have 50 percent of the 
average coastline miles of the coastal coun-
ty-equivalent political subdivisions that do 
have coastlines. 
‘‘(iii) 25 percent shall be allocated to 
all coastal county-equivalent political sub-
divisions having a coastline point within 
300 miles of the leased tract for which OCS 
Receipts are being shared based on a for-
mula that allocates the funds based on such 
coastal county-equivalent political subdivi-
sion’s relative distance from the leased tract. 
‘‘(iv) 25 percent shall be allocated to 
all coastal county-equivalent political sub-
divisions having a coastline point within 
300 miles of the leased tract for which OCS 
Receipts are being shared based on the rel-
ative level of outer Continental Shelf oil and 
gas activities in a coastal political subdivi-
sion compared to the level of outer Conti-
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nental Shelf activities in all coastal polit-
ical subdivisions in the State. The Secretary 
shall define the term ‘outer Continental 
Shelf oil and gas activities’ for purposes of 
this subparagraph to include, but not be 
limited to, construction of vessels, drillships, 
and platforms involved in exploration, pro-
duction, and development on the outer Con-
tinental Shelf; support and supply bases, 
ports, and related activities; offices of geolo-
gists, geophysicists, engineers, and other 
professionals involved in support of explo-
ration, production, and development of oil 
and gas on the outer Continental Shelf; 
pipelines and other means of transporting 
oil and gas production from the outer Con-
tinental Shelf; and processing and refining 
of oil and gas production from the outer 
Continental Shelf. For purposes of this sub-
paragraph, if a coastal county-equivalent 
political subdivision does not have a coast-
line, its coastal point shall be the point on 
the coastline closest to it. 
‘‘(3) ALLOCATIONS TO COASTAL MUNICIPAL PO-
LITICAL
SUBDIVISIONS.—The initial allocation to 
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each coastal county-equivalent political subdivision 
under paragraph (2) shall be further allocated to the 
coastal county-equivalent political subdivision and 
any coastal municipal political subdivisions located 
partially or wholly within the boundaries of the coast-
al county-equivalent political subdivision as follows: 
‘‘(A) One-third shall be allocated to the 
coastal county-equivalent political subdivision. 
‘‘(B) Two-thirds shall be allocated on a per 
capita basis to the municipal political subdivi-
sions and the county-equivalent political subdivi-
sion, with the allocation to the latter based upon 
its population not included within the bound-
aries of a municipal political subdivision. 
‘‘(e) INVESTMENT OF DEPOSITS.—Amounts deposited 
under this section shall be invested by the Secretary of the 
Treasury in securities backed by the full faith and credit 
of the United States having maturities suitable to the needs 
of the account in which they are deposited and yielding the 
highest reasonably available interest rates as determined by 
the Secretary of the Treasury. 
‘‘(f) USE OF FUNDS.—A recipient of funds under this 
section may use the funds for one or more of the following: 
‘‘(1) To reduce in-State college tuition at public 
institutions of higher learning and otherwise support 
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public education, including career technical edu-
cation. 
‘‘(2) To make transportation infrastructure im-
provements. 
‘‘(3) To reduce taxes. 
‘‘(4) To promote, fund, and provide for— 
‘‘(A) coastal or environmental restoration; 
‘‘(B) fish, wildlife, and marine life habitat 
enhancement; 
‘‘(C) waterways construction and mainte-
nance; 
‘‘(D) levee construction and maintenance 
and shore protection; and 
‘‘(E) marine and oceanographic education 
and research. 
‘‘(5) To promote, fund, and provide for — 
‘‘(A) infrastructure associated with energy 
production activities conducted on the outer Con-
tinental Shelf; 
‘‘(B) energy demonstration projects; 
‘‘(C) supporting infrastructure for shore- 
based energy projects; 
‘‘(D) State geologic programs, including 
geologic mapping and data storage programs, 
and state geophysical data acquisition; 
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‘‘(E) State seismic monitoring programs, 
including operation of monitoring stations; 
‘‘(F) development of oil and gas resources 
through enhanced recovery techniques; 
‘‘(G) alternative energy development, in-
cluding bio fuels, coal-to-liquids, oil shale, tar 
sands, geothermal, geopressure, wind, waves, cur-
rents, hydro, and other renewable energy; 
‘‘(H) energy efficiency and conservation 
programs; and 
‘‘(I) front-end engineering and design for 
facilities that produce liquid fuels from hydro-
carbons and other biological matter. 
‘‘(6) To promote, fund, and provide for— 
‘‘(A) historic preservation programs and 
projects; 
‘‘(B) natural disaster planning and re-
sponse; and, 
‘‘(C) hurricane and natural disaster insur-
ance programs. 
‘‘(7) For any other purpose as determined by 
State law. 
‘‘(g) NO ACCOUNTING REQUIRED.—No recipient of 
funds under this section shall be required to account to the 
Federal Government for the expenditure of such funds, ex-
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