An act to amend the Foreign Assistance Act of 1961 and the Arms Export Control Act to authorize international security assistance programs for fiscal year 1980, and for other purposes.

[AI summary unavailable — showing source text] International Security Assistance Act of 1979 - Amends the Foreign Assistance Act of 1961 to increase the amount the President is authorized to use for emergency purposes. Requires the President to report to Congress each time he exercises such authority. Authorizes appropriations through fiscal year 1981 for: (1) international narcotics control (with specified limitations); (2) military assistance (with limitations on the amounts to Portugal, Spain, Jordan, and the Philippines); (3) international military education and training (with limitations on the amount for Latin America); and (4) peacekeeping operations. Authorizes the President to drawdown defense articles and services, cost not to exceed $10,000,000 in any fiscal year, to provide emergency military assistance without first finding that failure to respond immediately to such emergency will result in serious harm to vital U.S. security interests. Permits an authorization for military assistance to a particular country to remain available for three years after such assistance has been authorized. Increases the monetary limits of military stockpiles in foreign countries. Permits such stockpiles to be located in the Republic o…