Universal Service Reform, Accountability, and Efficiency Act of 2008

[AI summary unavailable — showing source text] Universal Service Reform, Accountability, and Efficiency Act of 2008 - Amends the Communications Act of 1934 to revise the policies concerning the principles for the advancement of universal service to require that the policies be based on the principles of affordability, efficiency, certain contribution and distribution requirements, transparency, consumer focus, and access to advanced telecommunications services for schools, libraries, and rural health care providers. Requires that universal service support be used solely to provide voice (including IP-enabled voice) communications in high cost areas and to low-income households. Authorizes the FCC to select any contribution mechanism that is consistent with the above principles and that: (1) is based exclusively on providing voice communications service; (2) does not assess broadband transmission or Internet access services; and (3) includes a universal service contribution low-income exemption. Requires that universal service support decline over time. Allows, after this Act's auction, only eligible telecommunications providers to receive support for service in high cost areas. Prohibits the receipt of support for services in h…