504(g) of the Federal Land Policy and Management Act of 1976 ( 43 U.S.C. 1764(g) )) for the development of wind or solar energy on covered land, the following shall be made available without further appropriation or fiscal year limitation as follows: (1) Twenty-five percent shall be paid by the Secretary of the Treasury to the State within the boundaries of which the revenue is derived. (2) Twenty-five percent shall be paid by the Secretary of the Treasury to the one or more counties within the boundaries of which the revenue is derived, to be allocated among the counties based on the percentage of land from which the revenue is derived. (3) Fifteen percent shall be deposited in the Treasury and be made available to the Secretary to carry out the program established under this Act, including the transfer of the funds by the Bureau of Land Management to other Federal agencies and State agencies to facilitate the processing of renewable energy permits on Federal land, with priority given to using the amounts, to the maximum extent practicable without detrimental impacts to emerging markets, to expediting the issuance of permits required for the development of renewable energy projects in the States from which the revenues are derived. (4) Twenty-five percent shall be deposited in the Renewable Energy Resource Conservation Fund established by subsection (c). (5) The remainder shall be deposited into the general fund of the Treasury for purposes of reducing the annual Federal budget deficit. (b) Payments to States and counties (1) In general Amounts paid to States and counties under subsection (a) shall be used consistent with section 35 of the Mineral Leasing Act ( 30 U.S.C. 191 ). (2) Payments in lieu of taxes A payment to a county under paragraph (1) shall be in addition to a payment in lieu of taxes received by the county under chapter 69 of title 31, United States Code. (c) Renewable Energy Resource Conservation Fund (1) In general There is established in the Treasury a fund to be known as the Renewable Energy