By Stephen M. Silverman
Updated December 12, 1997 12:00 AM

After going two years without using a host, Academy of Country Music Awards show is reinstating the position — and giving it to Dolly Parton. The ceremony will air live on CBS from Universal City, Calif., on May 3. Nominated as entertainer of the year are Sawyer Brown; the Dixie Chicks; Faith Hill; Hill’s hubby Tim McGraw; and Shania Twain.