Establishing the rural teacher loan forgiveness program and account to assist rural communities with the recruitment and retention of teachers; requiring use of money in the account by the commissioner of children, families and learning to repay loans of persons enrolled in K-12 teacher preparation programs; requiring the commissioner to adopt rules to implement the program and to select the school districts qualifying for loan repayment, qualifying districts to be located outside the metropolitan area; specifying individual eligibility and loan forgiveness requirements, imposing a teacher repayment penalty for failure to fulfill the length of service requirement, authorizing commissioner waiver (mk)