To provide for a resolution with respect to the unresolved disputes between certain railroads represented by the National Carriers' Conference Committee of the National Railway Labor Conference and certain of their employees.

This joint resolution mandated that several major freight railroads and their labor unions accept the contract terms proposed by a presidential emergency board, effectively ending a long-standing labor dispute. By codifying these tentative agreements into law, the bill prevented a nationwide rail strike that was scheduled to begin in December 2022. For the average citizen, this action ensured the continued movement of essential goods—including food, fuel, and chemicals for water treatment—preventing significant supply chain disruptions and potential price increases that a rail shutdown would have caused.