1. Short title This Act may be cited as the No Rate Regulation of Broadband Internet Access Act . 2. Regulation of broadband rates prohibited Notwithstanding any other provision of law, the Federal Communications Commission may not regulate the rates charged for broadband internet access service. 3. Exceptions Nothing in this Act shall be construed to affect the authority of the Commission to— (1) condition receipt of universal service support under section 254 of the Communications Act of 1934 ( 47 U.S.C. 254 ) by a provider of broadband internet access service on the regulation of the rates charged by such provider for the supported service; (2) enforce subpart Y of part 64 of title 47, Code of Federal Regulations (relating to truth-in-billing requirements); or (3) prohibit or restrict paid prioritization. 4. Additional rule of construction For purposes of this Act, broadband internet access service shall not be construed to include data roaming or interconnection. 5. Definitions In this Act: (1) Broadband internet access service The term broadband internet access service has the meaning given such term in section 8.1 of title 47, Code of Federal Regulations. (2) Commission The term Commission means the Federal Communications Commission. (3) Paid prioritization The term paid prioritization means the management of the network of a provider of broadband internet access service to directly or indirectly favor some traffic over other traffic, including through use of techniques such as traffic shaping, prioritization, resource reservation, or other forms of preferential traffic management, either— (A) in exchange for consideration (monetary or otherwise) from a third party