(1) The governor, on behalf of the state, may enter into agreements with the federal government providing for discontinuation of the federal government's responsibilities with respect to sources of ionizing radiation and the assumption thereof by the state, pursuant to Section 19-3-104. (2) Any person who, on the effective date of an agreement under Subsection (1), possesses a license issued by the federal government is considered to possess a federal license pursuant to a license issued by the department which shall expire either 90 days after receipt from the department of a notice of expiration of the license, or on the date of expiration specified in the federal license, whichever is earlier. (3) Subject to authorization by the United States Nuclear Regulatory Commission, the division may oversee, regulate, or license activities related to the nuclear fuel cycle within state jurisdiction, including: (a) fuel enrichment; (b) fuel fabrication; (c) fuel conversion; (d) fuel reprocessing; (e) storage of nuclear material; and (f) waste management associated with nuclear fuel cycle activities. (4) The provisions of this section apply to agreements related to nuclear energy regulation described in Title 19, Chapter 14, Nuclear Energy Regulation Act.
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