Establishes "Graduate Physician Licensing Act."

This bill establishes a new "Graduate Physician" licensing category in New Jersey for medical school graduates who haven't completed residency training. It requires applicants to meet specific criteria (e.g., accredited medical school graduation, one year clinical practice, passing licensing exams, no disqualifying criminal history) and limits their practice to primary care in medically underserved areas under a collaborative arrangement with a fully licensed physician. Graduate physicians must wear identification tags, use specific clinical record notations, and cannot practice without a supervising physician except in emergencies. The license does not require more continuing education than standard physician licenses.