; and (2) not later than 15 days after receiving such allotment, the remaining amount shall be allocated by the State to local areas in accordance with the formula described in subsection (b) for the establishment of personal reemployment accounts described in section 137E for eligible individuals in such local areas, of which not more than 5 percent of the amount allocated to a local area may be reserved by the local board involved for start-up costs and other operating costs related to the provision of assistance under this chapter. (b) Formula A State shall allocate funds to local areas in the State under subsection (a)(2) in an amount that is proportionate to the relative number of unemployed individuals in the local area as compared to the total number of unemployed individuals in the State. 137E. Personal reemployment accounts (a) Accounts (1) In general (A) Establishment of accounts Not later than 6 months after funds are allocated to a local area under section 137D, such funds shall be used to establish personal reemployment accounts for eligible individuals to be used in accordance with section 137F. (B) Use of unobligated funds (i) In general Any unobligated funds that remain in a deactivated account shall— (I) not later than 3 months of such deactivation, be used (II) to establish a new personal reemployment account described in subparagraph (A); or (III) returned to the State to be used in accordance with section 137D(a)(1)(B). (ii) Deactivated account defined In this subparagraph, the term deactivated account means a personal reemployment account— (I) that has been established for 1 year