as follows: (i) 70 percent of such amounts for the purposes described in subsection (d), (ii) 20 percent of such amounts for the purposes described in subsection (e), (iii) 5 percent of such amounts for the purposes described in subsection (f), and (iv) 5 percent of such amounts for the purposes described in subsection (g). (d) Carbon dividend (1) In general From the amounts in the Carbon Dividend Trust Fund made available under subsection (c)(3)(A)(i) for any year, the Secretary shall, for each month beginning more than 270 days after the date of the enactment of the Climate Action Rebate Act of 2019 , make carbon dividend payments to each eligible individual. (2) Pro-rata share A carbon dividend payment is one pro-rata share for each adult and half a pro-rata share for each child under 19 years old of amounts available for the month in the Climate Action Rebate Fund. (3) Eligible individual The term eligible individual means, with respect to any month, any natural living person who has a valid Social Security number or taxpayer identification number and is a citizen or lawful resident of the United States. The Secretary is authorized to verify an individual’s eligibility to receive a carbon dividend payment. (4) Phaseout (A) In general In the case of any taxpayer whose modified adjusted gross income for the most recent taxable year for which a return has been filed exceeds the threshold amount, the amount of the carbon dividend otherwise payable to any household member of the taxpayer under this subsection shall be reduced (but not below zero) by a dollar amount equal to 5 percent of such dividend (as determined before application of this paragraph) for each $1,000 (or fraction thereof) by which such taxpayer's modified adjusted gross income exceeds the threshold amount. (B) Definitions For purposes of this paragraph— (i) Modified adjusted gross income The term modified adjusted gross income means adjusted gross income increased by any amount excluded from gross income under section 911, 931, or 933. (ii)