This bill authorizes local historical boards to contract with farmers to (i) farm crops on land that is part of a historical site if such land is comprised of five or more contiguous acres and (ii) harvest hay and other such naturally grown products of the soil on land that is part of a historical site if the land is comprised of fewer than five contiguous acres. All proceeds received by the boards must be used for the preservation of historic sites and structures managed by the boards. The Tennessee historical commission, with the assistance of the department of agriculture, must develop contracts for use by the boards when entering into such agreements. ANNUAL REPORT This bill requires the boards to submit an annual report no later than December 31 of each year to the Tennessee historical commission that includes detailed information about all contracts entered into under this bill for the calendar year and how the proceeds from the contracts were used.