(1)__Fulfill the legal obligations of the state agency or political subdivision;

(2)__Reduce the impact on the private property owner; or

(3)__Reduce the risk of a constitutional taking; and

C.__An estimate of financial cost to the State for compensation and the source of payment within the agency's budget if a constitutional taking is determined.

3.__Economic impact and takings analyses required.__The State, through its agencies, and all political subdivisions shall conduct an economic impact analysis and a takings impact analysis prior to adoption or enactment of a new governmental action.

4.__Criteria.__In addition to the analyses required by this subsection, each state agency and political subdivision shall adhere, to the extent permitted by law, to the following criteria if implementing or enforcing a governmental action that may be a constitutional taking.

A.__If a state agency or a political subdivision requires a person to obtain a permit for a specific use of private property, any conditions imposed on issuing the permit must directly relate to the purpose for which the permit is issued and must substantially advance that purpose.

B.__Any restriction imposed on the use of private property must be proportionate to the extent the use contributes to the overall problem that the restriction is to redress.

C.__If a governmental action involves a permitting process or any other decision-making process that will interfere with, or otherwise prohibit, the use of private property pending the completion of the process, the duration of the process must be kept to the minimum necessary.

5.__Public health and safety restrictions.__Before taking a governmental action restricting private property use for the protection of public health or safety, the state agency or political subdivision shall, in its internal deliberative documents: