DALLAS — With the Texas Permanent School Fund back in action after a yearlong hiatus, legislators are considering extending the bond guarantee to charter schools for new facilities next year.

PSF backing would lift the charter school bonds out of their below- or low-investment-grade rut to triple-A status and allow the schools to build facilities that they now have to finance without help from the state or local school districts. Under existing law, the program guarantees only tax-supported bonds issued by traditional school districts.

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