1. Short title This Act may be cited as the Clearing Broad Airwaves for New Deployment Act or the C-BAND Act . 2. Auction of C-Band spectrum Title III of the Communications Act of 1934 ( 47 U.S.C. 301 et seq.) is amended by adding at the end the following: V C-Band Spectrum 399L. Auction of C-Band spectrum Not later than September 30, 2022, the Commission shall— (1) clear and reallocate no less than 200 megahertz and no more than 300 megahertz of contiguous C-Band spectrum (reserving 20 megahertz as guard band)— (A) for the provision of broadband internet access service; and (B) in such a way that ensures that C-Band-dependent users— (i) receive equal or better service as before the implementation of this section; and (ii) receive such service continuously throughout the transition process; and (2) through a system of competitive bidding under section 309(j), assign licenses for the use of the spectrum reallocated under paragraph (1), except for the spectrum reserved as guard band. 399M. Treatment of revenues (a) Deposit in the Treasury Notwithstanding section 309(j)(8), the Commission shall deposit the total amount of proceeds from the auction conducted under section 399L in the Treasury in accordance with chapter 33 of title 31, United States Code. (b) Rural broadband infrastructure Of the total amount deposited in the Treasury under subsection (a), $10,000,000,000 shall be made available to the Commission for the build out and maintenance of rural broadband infrastructure in unserved rural communities. 399N. Definitions In this part: (1) C-Band-dependent user The term C-Band-dependent user means a person who— (A) is a licensee or registrant of an earth station receiving signals over C-Band spectrum