; (2) 35 percent shall be distributed by the Secretary to States based on a formula reflecting the quantity of fossil fuels historically produced and extracted in the State on public land before the date of enactment of this Act; and (3) 30 percent shall be allocated to a competitive grant program under subsection (f). (e) Use of Funds (1) In general Funds distributed by the Secretary to States under paragraphs (1) and (2) of subsection (d) may be used for— (A) environmental remediation of land and waters impacted by the full lifecycle of fossil fuel extraction and mining; (B) building partnerships to attract and invest in the economic future of historically fossil fuel-dependent communities; (C) increasing capacity and other technical assistance fostering long-term economic growth and opportunity in historically fossil fuel-dependent communities; (D) guaranteeing pensions, healthcare, and retirement security and providing a bridge of wage support until a displaced worker either finds new employment or reaches retirement; (E) severance payments for displaced workers; (F) carbon sequestration projects in natural systems on public land