H.R. 366 would direct federal fuel tax revenue back to the U.S. Virgin Islands' treasury. Specifically, the bill amends the tax code to require that all federal excise taxes collected on fuel produced in the Virgin Islands and shipped to the United States be paid directly to the Virgin Islands government instead of going into the U.S. Treasury. The change would affect fuel producers and distributors in the territory, as well as the Virgin Islands' finances. The bill would take effect retroactively for fuel entered into the U.S. market after December 31, 2024, and does not specify any limit on the funding amount or duration.