A bill to amend the Foreign Assistance Act of 1961 to authorize $25,000,000 for disaster assistance for the victims of the recent earthquakes in southern Italy.

Amends the Foreign Assistance Act of 1961 to authorize appropriations to the President for fiscal year 1981, permitted to remain available until expended, for relief, rehabilitation, and reconstruction assistance for the victims of the recent earthquakes in southern Italy.

Requires that such assistance be provided in accordance with specified congressional policies and authorities.