(1) A municipality that provides a broadband service, a cable television service, or a public telecommunications service shall adopt an ordinance governing the quality of service the municipality shall provide to the municipality's subscribers.
(2) The legislative body of the municipality shall ensure that the ordinance described in Subsection (1):
(a) is competitively neutral; and
(b) contains standards that are substantially similar to the standards imposed on private providers operating within the geographic boundaries of the municipality under:
(i) the Cable Communications Policy Act of 1984, 47 U.S.C. 521, et seq.;
(ii) the Communications Act of 1934, as amended;
(iii) Title 54, Public Utilities;
(iv) regulations issued by the Federal Communications Commission under the statutes listed in Subsections (2)(b)(i) and (ii); and
(v) rules made by the Public Service Commission of Utah under Title 54, Public Utilities.