Fairs - As enacted, enacts the "Tennessee Agricultural Fair and Livestock Show Act" and the "Tennessee State Fair Act." - Amends TCA Title 4, Chapter 57; Title 43, Chapter 21 and Section 48-101-502.

HB 1631 enacts the "Tennessee Agricultural Fair and Livestock Show Act" to provide state funding for agricultural fairs and livestock shows across Tennessee. The bill creates two key programs: one funding cash awards (premiums) for specific categories like livestock, farm products, youth projects (including 4-H and FFA), and educational exhibits, and another awarding additional funds to top-performing fairs based on criteria such as exhibit quality, cleanliness, community participation, and programming. The Tennessee Department of Agriculture will administer these programs, disbursing state aid annually to eligible events. This bill directly affects not-for-profit agricultural fairs and livestock shows that meet the defined standards for participation.