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.

SB 1860 establishes the "Tennessee Agricultural Fair and Livestock Show Act" to provide state funding for agricultural fairs and livestock shows across Tennessee. The bill authorizes the Tennessee Department of Agriculture to distribute state funds for cash awards (premiums) at these events for specific exhibits, including livestock, farm products, youth programs like 4-H, and educational displays. It also creates a merit award program that gives additional funding to top-performing fairs based on criteria such as exhibit quality, community participation, and grounds maintenance. This law directly supports fair organizers, promotes agricultural education, and aims to strengthen Tennessee's agricultural tourism and youth development efforts.