A bill to amend the Foreign Assistance Act of 1961 to authorize the appropriation of special earthquake relief assistance for Italy for fiscal year 1980, and for other purposes.

Amends the Foreign Assistance Act of 1961 to authorize the President to furnish disaster relief and reconstruction assistance for the victims of the recent earthquakes in Italy.

Authorizes appropriations for fiscal years 1981, to remain available until expended, for the purposes of this Act. States that such assistance shall be provided in accordance with specified congressional policies and authorities. Allows the charging of such appropriations to obligations previously incurred for the provision of relief and reconstruction assistance to the people of Italy.