diff --git a/packages/contracts-bedrock/src/L2/FeeSplitter.sol b/packages/contracts-bedrock/src/L2/FeeSplitter.sol
index 8c53117f975..2766fd9216e 100644
--- a/packages/contracts-bedrock/src/L2/FeeSplitter.sol
+++ b/packages/contracts-bedrock/src/L2/FeeSplitter.sol
@@ -109,6 +109,9 @@ contract FeeSplitter is ISemver, Initializable {
         sharesCalculator = _sharesCalculator;
         // As default, the fee disbursement interval is 1 day
         feeDisbursementInterval = 1 days;
+
+        // Set the last disbursement time to the current block timestamp
+        lastDisbursementTime = uint128(block.timestamp);
     }
 
     /// @dev Receives ETH fees withdrawn from L2 FeeVaults.
diff --git a/packages/contracts-bedrock/test/L2/FeeSplitter.t.sol b/packages/contracts-bedrock/test/L2/FeeSplitter.t.sol
index 5317751b54e..c9618bba94d 100644
--- a/packages/contracts-bedrock/test/L2/FeeSplitter.t.sol
+++ b/packages/contracts-bedrock/test/L2/FeeSplitter.t.sol
@@ -111,6 +111,7 @@ contract FeeSplitter_Initialize_Test is FeeSplitter_TestInit {
 
         assertEq(address(IFeeSplitter(payable(impl)).sharesCalculator()), address(_defaultSharesCalculator));
         assertEq(IFeeSplitter(payable(impl)).feeDisbursementInterval(), 1 days);
+        assertEq(IFeeSplitter(payable(impl)).lastDisbursementTime(), block.timestamp);
     }
 
     /// @notice Test that the implementation contract disables initializers in the constructor