1. Short title This Act may be cited as the Reprioritizing Unserved Rural Areas and Locations for Broadband Act of 2018 or the RURAL Broadband Act of 2018 . 2. Use of assistance for deployment of broadband infrastructure Title VI of the Rural Electrification Act of 1936 ( 7 U.S.C. 950bb et seq.) is amended by adding at the end the following: 604. Use of assistance for deployment of broadband infrastructure (a) Definition of qualifying broadband-Capable infrastructure In this section, the term qualifying broadband-capable infrastructure means fixed broadband-capable infrastructure— (1) used by a service provider to provide fixed broadband service for which the service provider receives universal service support under section 254 of the Communications Act of 1934 ( 47 U.S.C. 254 ), if— (A) the broadband service satisfies any applicable broadband speed standards under that section and the regulations issued under that section; or (B) the service provider is in compliance with buildout obligations to provide retail fixed broadband service that will comply with applicable broadband speed standards described in subparagraph (A); or (2) that— (A) was financed with funds provided by the Secretary under this Act or any other program carried out by the Secretary for the costs of the construction, improvement, or acquisition of facilities or equipment for the purpose of providing fixed telecommunications or broadband service; and (B) (i) is used to provide fixed broadband service, if— (I) the broadband service satisfies any applicable broadband speed standards established by the Secretary; or (II) the service provider is in compliance with buildout obligations to provide retail fixed broadband service that will comply with applicable broadband speed standards described in subclause (I)