1. Specialty workforce in rural communities Title VII of the Public Health Service Act ( 42 U.S.C. 292 et seq.) is amended— (1) by redesignating part G ( 42 U.S.C. 795j et seq.) as part H; and (2) by inserting after part F ( 42 U.S.C. 295h ) the following new part: G Specialty Medicine Workforce in Rural Communities 782. Loan repayment program (a) In general The Secretary, acting through the Administrator of the Health Resources and Services Administration, shall carry out a program under which— (1) the Secretary enters into agreements with specialty medicine physicians to make payments in accordance with subsection (b) on the principal of and interest on any eligible loans described in subsection (c); and (2) the specialty medicine physicians each agree to complete a period of obligated service described in subsection (d) as a specialty medicine physician in the United States in a rural community experiencing a shortage of specialty medicine physicians. (b) Payments For each year of obligated service by a specialty medicine physician pursuant to an agreement under subsection (a), the Secretary shall make a payment to such physician as follows: (1) Service in shortage area The Secretary shall pay— (A) for each year of obligated service by a specialty medicine physician pursuant to an agreement under subsection (a), 1/6 of the principal of and interest on each eligible loan of the physician which is outstanding on the date the physician began service pursuant to the agreement