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AI Summary: This regulation establishes a Second Emergency Board to investigate and report on unresolved disputes between the Long Island Rail Road Company and several of its employee labor organizations, including the Transportation Communications Union, the Brotherhood of Locomotive Engineers and Trainmen, the Brotherhood of Railroad Signalmen, the International Association of Machinists and Aerospace Workers, and the International Brotherhood of Electrical Workers. This action is taken under section 9A of the Railway Labor Act (RLA), a federal law governing labor relations in the railroad industry, after a previous emergency board's recommendations were not fully accepted. The newly formed Board, composed of a chair and two other members appointed by the President, will investigate the disputes and, within 30 days of receiving final settlement offers from the parties, will select the most reasonable offer and submit a report to the President. During the period from the request for the Board until 60 days after its report, the parties are prohibited from altering the conditions that led to the disputes, unless they mutually agree. The Board will terminate upon submitting its report, and its records will be maintained by the National Mediation Board.