1. Short title This Act may be cited as the Reprioritizing Unserved Rural Areas and Locations for Broadband Act of 2023 and the RURAL Broadband Act of 2023 . 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: 607. 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 terrestrial broadband-capable infrastructure— (1) used by a service provider to provide fixed terrestrial 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 the current speed benchmark for fixed services established by the Federal Communications Commission under section 706 of the Telecommunications Act of 1996 ( 47 U.S.C. 1302 ); or (B) the service provider is in compliance with buildout obligations in the relevant area to provide retail fixed terrestrial broadband service that will comply with the applicable broadband speed standard 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 terrestrial telecommunications or broadband service; and (B) (i) is used to provide fixed terrestrial 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 in the relevant area to provide retail fixed terrestrial broadband service that will comply with the applicable broadband speed standards described in subclause (I)