If a court of competent jurisdiction enters a final judgment on the merits that:

1. 1. Is based on federal or state law;
2. 2. Is no longer subject to appeal; and

3. 3. Substantially limits or impairs the essential elements of the federal Mobile Telecommunications Sourcing Act, P.L. 106-252, codified at 4 U.S.C., Sections 116 through 126 or Sections 2 and 3 of this act;

   then the provisions of this act shall be invalid and shall have no legal effect as of the date of entry of such judgment.

Laws 2001, HB 1081, c. 153, § 4.