Limitation on overbuilding

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: 608. Limitation on overbuilding Any area in a proposed service area under this title shall not be considered unserved if an applicant in another Federal or State broadband program has received an obligation of funding to offer retail broadband service in the area not more than 5 years from the date of the obligation of funds, at a speed of at least 100 Mbps download and 20 Mbps upload..