; and (II) 50 percent of qualified revenue in a special account in the Treasury to be allocated to eligible States and coastal political subdivisions in accordance with clause (ii). (ii) Allocations (I) Eligible States (aa) In general Subject to item (bb), for each fiscal year the amount made available under clause (i)(II) shall be allocated to each eligible State in amounts (based on a formula established by the Secretary by a regulation issued not later than 180 days after the date of enactment of this subparagraph) that are inversely proportional to the respective distances between the point on the coastline of each eligible State that is closest to the geographic center of the applicable leased tract and the geographic center of the leased tract. (bb) Minimum allocation The amount allocated to an eligible State each fiscal year under item (aa) shall be at least 10 percent of the amounts made available under clause (i)(II). (II) Coastal political subdivisions (aa) In general For each fiscal year, the Secretary shall pay 25 percent of the allocable share of each eligible State, as determined under subclause (I), to any coastal political subdivisions of the eligible State. (bb) Formula The amount paid by the Secretary to a coastal political subdivision under item (aa) shall be determined in accordance with section 31(b)(4)(B). (iii) Timing The amounts required to be deposited under clause (i)(II) for the applicable fiscal year shall be made available in accordance with clause (i)(II) during the fiscal year immediately following the applicable fiscal year. (iv) Authorized uses (I) In general Subject to subclause (II), each eligible State and coastal political subdivision shall, in accordance with all applicable Federal and State laws, use all amounts received under clause (ii) for one or more of the following purposes: (aa) Coastal protection, including conservation, coastal restoration, hurricane protection, and infrastructure directly affected by coastal wetland losses. (bb) Workforce training, including for