A BILL TO AMEND SECTION 14-7-1610, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO LEGISLATIVE FINDINGS CONCERNING THE STATE GRAND JURY SYSTEM, SO AS TO PROVIDE ADDITIONAL FINDINGS CONCERNING CERTAIN CRIMES INVOLVING INSURANCE FRAUD; TO AMEND SECTION 14-7-1630, AS AMENDED, RELATING TO THE SUBJECT MATTER JURISDICTION OF THE STATE GRAND JURY, SO AS TO INCLUDE CERTAIN CRIMES INVOLVING INSURANCE FRAUD; TO AMEND SECTION 38-55-170, RELATING TO CRIMES AND PENALTIES FOR PRESENTING FALSE CLAIMS FOR PAYMENT TO AN INSURER TRANSACTING IN THIS STATE, SO AS TO SUBJECT, UNDER CERTAIN CONDITIONS, ASSETS ASSOCIATED WITH THE FRAUDULENT SCHEME TO SEIZURE AND FORFEITURE, TO PROVIDE WHEN THE STATE MAY PETITION FOR THE CONVERSION OF SEIZED ASSETS, AND TO DESCRIBE WHEN THE ASSETS MAY BE DISPOSED OF AND THE DISPOSITION OF THE PROCEEDS; AND TO AMEND SECTION 38-55-540, RELATING TO CRIMES AND PENALTIES FOR MAKING FALSE STATEMENTS OF MISREPRESENTATION IN VIOLATION OF THE INSURANCE FRAUD AND REPORTING IMMUNITY ACT, SO AS TO REVISE CRITERIA FOR VARIOUS PENALTIES, AND SUBJECT, UNDER CERTAIN CONDITIONS, ASSETS ASSOCIATED WITH THE FRAUDULENT SCHEME TO SEIZURE AND FORFEITURE, TO PROVIDE WHEN THE STATE MAY PETITION FOR THE CONVERSION OF SEIZED ASSETS, AND TO DESCRIBE WHEN THE ASSETS MAY BE DISPOSED OF AND THE DISPOSITION OF THE PROCEEDS.