A bill to authorize the payment of oil import license fees collected for imports into Puerto Rico, and for imports into the Customs Territory of the United States from the U.S. Virgin Islands.

Provides for the appropriation from the Treasury and transfer to the treasuries of Puerto Rico and the Virgin Islands of the amount of all import license fees collected pursuant to the Presidential proclamation) by the Federal Energy Administrator for imports of crude oil, unfinished oil and finished products into Puerto Rico and into the Customs Territory of the U.S. from the United States Virgin Islands between May 1, 1973 and January 31, 1975.