Establishes "Graduate Physician Licensing Act."

This bill establishes a new "Graduate Physician" license for medical school graduates who haven't completed residency training. It allows these individuals to provide primary care services only in medically underserved areas under the supervision of a collaborating physician, as defined by the act. To qualify, applicants must meet specific requirements (e.g., passing certain exams, no criminal history) and practice under a written collaborative agreement. The license does not permit independent practice and requires clear identification as a "graduate physician" in clinical records. This directly affects new medical graduates seeking early practice opportunities and physicians who would supervise them in underserved communities.