The 31-year-old former Blackpool and Huddersfield shot-stopper made six appearances for Stanley in a loan spell before Christmas that was cut short by a red card in the 1-1 League Two draw with Plymouth.
"I'm just glad it's all sorted now and I can concentrate on the football," said Rachubka, who will be available to face Port Vale on Saturday, subject to Football League approval.
"It's been a long couple of weeks and the weather hasn't helped and I just want to get back playing and back into the routine of being involved in first-team football.
"All the lads have welcomed me back and it's been great. You know what you're dealing with and there's no settling in to do."
In the weeks following Rachubka's initial return to Elland Road, Bury's Cameron Belford has made five starts for the Reds having penned a succession of emergency loan deals.
First-choice goalkeeper Ian Dunbavin is out for the season with a shoulder injury.