Hostage Relief Act of 1980

[AI summary unavailable — showing source text] Hostage Relief Act of 1980 - Title I: Amendments to Title 5 of the United States Code - Amends title 5 of the United States Code to direct the Secretary of the Treasury to establish a savings fund to which the head of an agency may allot all or a portion of the pay and allowances of any employee who is in a missing status on or after November 4, 1979, as the result of a hostile action against the United States. Requires interest on such fund to be compounded quarterly at the average rate paid on United States Treasury bills with three-month maturities issued during the calendar quarter immediately preceding the first day of the applicable pay period. Directs the President to issue regulations to authorize agency heads to reimburse for up to $25,000 in any calendar year any such employee, or dependent of such an employee, for necessary travel, rest and recuperation, private medical care, and other expenses related to the ordeal which are incurred on or after such date. Entitles the spouse of such an employee to reimbursement, for a certain time, for expenses incurred for tuition, books, fees, and subsistence while attending an educational or training institution. Extends to such emp…