### Question
What does covered funds mean?


### Answer
**Covered funds** has the following meaning in *23 U.S.C. § 170*:

> any amounts apportioned to a State under section 104(b), other than amounts suballocated to metropolitan areas and other areas of the State under section 133(d), but including any such amounts required to be set aside for a purpose other than the repair or replacement of a transportation facility under this section

#### Citation:
  - *23 U.S.C. § 170*
  - Heading: **CHAPTER 1-FEDERAL-AID HIGHWAYS**

