Amtrak Cost Allocation Act of 1979

[AI summary unavailable — showing source text] Amtrak Cost Allocation Act of 1979 - Amends the Rail Service Passenger Act to direct the Secretary of Transportation to establish a uniform cost allocation for the National Railroad Passenger Corporation including: (1) the avoidable cost by route; (2) the revenue by route; (3) the fully allocated cost by route; (4) the number of passengers carried by route; (5) the avoidable profit or loss by route; (6) the fully allocated profit or loss by route; (7) the profit or loss per passenger by route; and (8) the profit or loss by revenue passenger mile. Requires the Corporation to submit quarterly reports of such cost accounting to specified congressional committees. Requires the Corporation to submit annual reports to specified congressional committees containing: (1) a profit and loss table by route for the upcoming fiscal year, assuming a 50 percent Government reimbursement of the fully allocated losses experienced by each such route; and (2) the average ticket subsidy required to show a systemwide social profit (above and beyond such Government reimbursement) for the upcoming fiscal year. Requires the Corporation to include in such reports five year financial plans for such routes. Di…