Special International Security Assistance Act of 1979

[AI summary unavailable — showing source text] Special International Security Assistance Act of 1979 - Stipulates that: the (1) the authorization of appropriations for arms sales guaranties to Egypt and Israel does not constitute congressional approval of the sale of any particular weapons system; and (2) the implementing authority in this Act does not signify congressional approval of any other executive agreement. Amends the Foreign Assistance Act of 1961 to authorize the President: (1) to construct air bases in Israel and (2) to furnish defense articles and services to Israel. Authorizes appropriations for such purposes. Provides for partial financing by Israel. Prohibits funding more than 60 persons contracted for personal services abroad for purposes of this chapter. Authorizes additional appropriations for fiscal year 1979 under the Arms Export Control Act to be used for arms sales guaranties to Egypt and Israel. Increases the principal amount of such guaranteed loans. Directs the President to report to Congress concerning economic conditions in Egypt and Israel which may affect their ability to repay their obligations. Authorizes additional appropriations for fiscal year 1979 for Egypt through the Economic Support Fund. …