MN SF4320

Creates two township road improvement accounts—one in the general fund and one in the bond proceeds fund—to provide grants for township road improvements, with money appropriated to the transportation commissioner.

Establishes a five-member advisory committee consisting of three township officers and two township engineers to recommend expenditures from the accounts.

Requires the commissioner to establish grant application procedures and selection criteria based on availability of other funding, transportation system effectiveness, population impact, economic development contributions, and the town's ability to maintain the road after completion.

Allocates 0.25 percent of total account funds (excluding bond proceeds) for administrative costs incurred by the transportation department.

Authorizes the sale and issuance of state bonds in an unspecified amount to fund the grant program, with specific dollar amount to be determined during legislative consideration.