609 
Leasing Program in effect prior to the 
date of enactment of the Ocean State Op-
tions Act of 2005. 
‘‘(ii) Lease tracts in production prior 
to January 1, 2006, partially or completely 
beyond 125 miles of any coastline located 
on portions of the OCS that were not 
available for leasing under the 2002–2007 
5-Year OCS Oil and Gas Leasing Program 
in effect prior to the date of enactment of 
the Ocean State Options Act of 2005. 
‘‘(iii) Lease tracts for which leases are 
issued prior to January 1, 2006, located in 
the Alaska OCS Region partially or com-
pletely beyond 125 miles of the coastline. 
‘‘(B) The Secretary shall share the fol-
lowing percentages of OCS Receipts from the 
leases described in subparagraph (A) derived 
during the fiscal year indicated: 
‘‘(i) For fiscal year 2011, 4.5 percent. 
‘‘(ii) For fiscal year 2012, 5.0 per-
cent. 
‘‘(iii) For fiscal year 2013, 5.5 per-
cent.
610 
‘‘(iv) For fiscal year 2014, 6.0 per-
cent. 
‘‘(v) For fiscal year 2015, 6.5 percent. 
‘‘(vi) For fiscal year 2016, 7.5 per-
cent. 
‘‘(vii) For fiscal year 2017, 10.0 per-
cent. 
‘‘(viii) For fiscal year 2018, 12.5 per-
cent. 
‘‘(ix) For fiscal year 2019, 15.0 per-
cent. 
‘‘(x) For fiscal year 2020, 17.5 per-
cent. 
‘‘(xi) For fiscal year 2021, 20.0 per-
cent. 
‘‘(xii) For fiscal year 2022, 22.5 per-
cent. 
‘‘(xiii) For fiscal year 2023, 25.0 per-
cent. 
‘‘(xiv) For fiscal year 2024, 27.5 per-
cent. 
‘‘(xv) For fiscal year 2025, 30.0 per-
cent. 
‘‘(xvi) For fiscal year 2026, 32.5 per-
cent.
611 
‘‘(xvii) For fiscal year 2027, 35.0 per-
cent. 
‘‘(xviii) For fiscal year 2028, 37.5 
percent. 
‘‘(xix) For fiscal year 2029 and each 
subsequent fiscal year, 40.0 percent. 
‘‘(3) RECEIPTS SHARING BEGINNING JANUARY 
1, 2006.—Beginning January 1, 2006, the Secretary 
shall share 40 percent of OCS Receipts derived on 
and after January 1, 2006, from all leases located 
partially or completely beyond 125 miles of any 
coastline not included within the provisions of para-
graph (2). 
‘‘(4) ALLOCATIONS.—The Secretary shall allo-
cate the OCS Receipts deposited into the separate 
account established by paragraph (1) that are 
shared under paragraphs (2) and (3) as follows: 
‘‘(A) BONUS BIDS.—Deposits derived from 
bonus bids from a leased tract, including inter-
est thereon, shall be allocated at the end of 
each fiscal year as follows: 
‘‘(i) 87.5 percent to the Adjacent 
State. 
‘‘(ii) 6.25 percent into the Treasury, 
which shall be allocated to the account es-
612 
tablished by section 6514 of the Ocean 
State Options Act of 2005. 
‘‘(iii) 5 percent into the account es-
tablished by section 6523 of the Ocean 
State Options Act of 2005. 
‘‘(iv) 1.25 percent into the account es-
tablished by section 6526 of the Ocean 
State Options Act of 2005. 
‘‘(B) ROYALTIES.—Deposits derived from 
royalties from a leased tract, including interest 
thereon, shall be allocated at the end of each 
fiscal year as follows: 
‘‘(i) 87.5 percent to the Adjacent 
State and any other producing State or 
States with a leased tract within its Adja-
cent Zone partially or completely beyond 
125 miles of its coastline that generated 
royalties during the fiscal year, if the other 
producing State or States have a coastline 
point within 300 miles of any portion of 
the leased tract, in which case the amount 
allocated for the leased tract shall be— 
‘‘(I) one-third to the Adjacent 
State; and
613 
‘‘(II) two-thirds to each pro-
ducing State, including the Adjacent 
State, inversely proportional to the 
distance between the nearest point on 
the coastline of the producing State 
and the geographic center of the 
leased tract. 
‘‘(ii) 6.25 percent into the account es-
tablished by section 6514 of the Ocean 
State Options Act of 2005. 
‘‘(iii) 5 percent into the account es-
tablished by section 6523 of the Ocean 
State Options Act of 2005. 
‘‘(iv) 1.25 percent into the account es-
tablished by section 6526 of the Ocean 
State Options Act of 2005. 
‘‘(d) SPECIAL RECEIPTS SHARING.— 
‘‘(1) DEPOSIT.—The Secretary shall deposit 
into a separate account in the Treasury the portion 
of OCS Receipts for each fiscal year that will be 
shared under paragraphs (2) and (3). 
‘‘(2) EXCESS NEW PROGRAM RECEIPTS.— 
‘‘(A) REQUIREMENT.—Beginning January 
1, 2006, and continuing through September 30, 
2015, if the total amount of OCS receipts in a