S. 376 — The Vietnam Disengagement Act, to amend the Foreign Assistance Act of 1961 to provide that after May 1, 1971, authorized or appropriated funds may be used in connection with activities of American Armed Forces in and over Vietnam only: to accomplish orderly termination of military operations and the safe withdrawal of remaining American Armed Forces by Dec. 31, 1971; to assure the release of prisoners of war (POWs) and the safety of South Vietnamese who might be physically endangered by American withdrawal; and to provide assistance to South Vietnam consistent with these objectives.