Section 425:19-b Distribution to Agricultural Fairs.
The portion of the funds to be distributed under this subdivision shall be distributed by the commissioner of agriculture, markets, and food in accordance with the plan or formula given, if there is a plan or formula given, in the operating budget or other legislation to all agricultural fairs holding yearly exhibitions in the state and paying premiums of at least $1,500 annually. Each year a payment of $100 shall be paid to all such agricultural fairs. The balance of said fund shall be distributed pro rata to said fairs based on the amount of competitive or educational agricultural premiums paid in the preceding calendar year by said fair. In determining the premiums paid the commissioner shall take into consideration the premiums paid for contests, exhibits or displays of domestic livestock, household products, farm crops, and those made by 4-H clubs or other similar groups. Provided, that no agricultural fair shall be eligible for a distribution pursuant to this section unless said agricultural fairs offers premiums in at least 3 of the following areas: contests, exhibits or displays of domestic livestock, household products, farm crops, or projects submitted by members of 4-H clubs or other similar groups. Provided, further, that no agricultural fair shall be eligible for a distribution pursuant to this section if said fair pays dividends to stock-holders, or if the operators of said fair receive any part of the profits.
Source. 1987, 252:5. 1995, 130:5, eff. July 23, 1995.