Joint resolution to extend the provisions of the Railway Labor Act, and for other purposes.

[AI summary unavailable — showing source text] Extends the provisions of the Railway Labor Act relating to the creation of an emergency board for an additional period of time so that no change, except by agreement, shall be made, by the Penn Central Transportation Company or by its employees, in the conditions out of which such labor dispute arose prior to 12:01 antemeridian of May 9, 1973. Requires the President, not later than forty-five days from the enactment of this joint resolution to submit to the Congress a report, which, regardless of the settlement of the particular dispute between the Penn Central Transportation Company and its employees represented by the United Transportation Union, provides a full and comprehensive plan for the preservation of essential rail transportation services in the Northeast section of the Nation, including the President's proposals, if any, regarding Federal financial expenditures necessary for restoration or preservation of rail transportation services imperiled by the financial failure of rail carriers, and for alternative means for providing essential transportation services now provided by such carriers. Requires the President, not later than thirty days prior to the expiration date sp…