(a) Except as provided in this subchapter, neither the state nor any agency, instrumentality, or political subdivision of the state has jurisdiction over:
(1) An electric utility's ownership or operation of a broadband system; or
(2) The provision of broadband services by the electric utility, a broadband affiliate, or a broadband operator.
(b) Nothing in this subchapter shall interfere with the Arkansas Public Service Commission's authority to regulate public utilities pursuant to § 23-2-301 et seq.