DALLAS — A proposal to invest up to $100 million of Texas Permanent School Fund money in charter schools is still alive, even though the Texas Education Agency sidelined the idea in a meeting Thursday.

The proposal from Texas Education Agency board member David Bradley, who chairs the board’s PSF committee, surfaced as the TEA board met Thursday to discuss the long-term investment strategy for the fund. The PSF provides annual payments to public schools and serves as the bond guarantor for local school districts.

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