Establishes a limited medical license for individuals who: (1) have graduated from certain international medical programs; (2) obtain a health care facility sponsor in an underserved area; and (3) meet certain other criteria. Provides that a limited medical license authorizes the recipient to practice medicine only at a health care facility in an underserved area. Enables the medical licensing board of Indiana (board) to revoke a limited medical license if the recipient stops working as a physician at a health care facility in an underserved area. Provides that a limited medical license may be converted to an unlimited license at the discretion of the board. Allows the board to require a comprehensive evaluation to determine the individual's competency before issuing an unlimited medical license. Allows, until June 30, 2027, an applicant for an unlimited license to practice osteopathic medicine to take all levels of the Comprehensive Osteopathic Medical Licensing Examination not later than ten years from the date the applicant first passes level 1 of the examination.