Create a new section of KRS Chapter 164 to define terms; establish the Kentucky Rural Veterinary Medicine Student Loan Repayment Program for an eligible livestock practitioner who engages in veterinary medicine in an underserved rural area or veterinary shortage area for five consecutive years; authorize the Kentucky Higher Education Assistance Authority to promulgate administrative regulations; set forth program eligibility requirements; authorize the Kentucky Higher Education Assistance Authority to award loan repayment benefits to applicants selected by the Veterinary Student Loan Repayment Selection Committee; establish compliance requirements; create the rural veterinary care trust fund; establish purposes of the fund; APPROPRIATION.