DALLAS — The chairman of the Texas Senate Finance Committee on Tuesday proposed a constitutional amendment to take $2 billion from the $25 billion Permanent School Fund to help soften proposed reductions to state aid for public education.

Sen. Steve Ogden, R-Bryan, said Texans should have the opportunity to decide whether to use the money from the PSF, which currently provides triple-A enhancement for $49.3 billion of general obligation bonds issued by Texas school districts.

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