1. Short title This Act may be cited as the Rural Connectivity Advancement Program Act of 2020 . 2. Deposit of spectrum auction proceeds in Rural Broadband Assessment and Deployment Fund Section 309(j)(8) of the Communications Act of 1934 ( 47 U.S.C. 309(j)(8) ) is amended— (1) in subparagraph (A), by striking and (G) and inserting (G), and (H) ; and (2) by adding at the end the following: (H) Assessment and deployment set-aside (i) In general Notwithstanding subparagraph (A), and except as provided in subparagraphs (B), (D), (E), (F), and (G), 10 percent of the net proceeds from each use of a system of competitive bidding under this subsection completed before September 30, 2022, shall be deposited in the Rural Broadband Assessment and Deployment Fund established under section 3 of the Rural Connectivity Advancement Program Act of 2020 . (ii) Net proceeds defined For purposes of this subparagraph, the term net proceeds , with respect to the use of a system of competitive bidding, means the proceeds remaining after subtracting all auction-related expenditures, including— (I) relocation payments, including accelerated relocation payments; (II) payments to incumbent licensees for the relinquishment of all or a portion of the spectrum usage rights of those licensees; (III) costs associated with the reallocation of spectrum, whether on an exclusive or shared use basis; (IV) relocation or sharing costs, including for planning for relocation or sharing; and (V) bidding credits. . 3. Direction and use of Rural Broadband Assessment and Deployment Fund proceeds (a) Definitions In this subsection— (1) the term Commission means the Federal Communications Commission; and (2) the term high-cost programs means— (A) the program for Universal Service Support for High-Cost Areas set forth under subpart D of part 54 of title 47, Code of Federal Regulations, or any successor regulations