Section 1 Land ports of entry and international bridges
“(i) Land ports of entry and international bridges
“(1) Leases—The Administrator is authorized to enter into contracts for the lease of a covered facility and its site for periods of not to exceed 30 years.
“(2) Calculation of transactions—For purposes of the Balanced Budget and Emergency Deficit Control Act of 1985, the Congressional Budget Act of 1974, the Budget Enforcement Act of 1990, and scorekeeping guidelines, the Office of Management and Budget and the Congressional Budget Office shall score any contract entered into by the Administrator under this chapter for the lease of a covered facility and its site in the same manner as if the contract was entered into on September 30, 1990.
“(3) Analysis of transactions
“(A) Analysis required before leases or direct purchases or construction—Before entering into a contract for the lease of a covered facility or directly purchasing or constructing a covered facility, the Administrator shall transmit to Congress a report containing an analysis of the cost effectiveness of leasing the covered facility as compared to directly purchasing or constructing the covered facility.
“(B) Limitation on direct purchases and construction—The Administrator may not directly purchase or construct a covered facility if the Administrator determines under subparagraph (A) that leasing the covered facility is more cost effective.
“(4) Definitions—In this subsection, the following definitions apply:
“(A) Covered facility—The term covered facility means a land port of entry or international bridge.
“(B) Lease—The term lease includes a lease purchase.”