They are muddying the water for seizure and forfeiture. Forfeiture (change of ownership) should require a conviction. Seizure (lock it up to prevent it from disappearing) should require a charge.
Unfortunately, when they say “seizure” when they mean “forfeiture”, so I agree with you.
The most likely result of this law will be for police departments to start throwing out silly charges to justify property grabs. If you don’t have to get a conviction, then... what stops them?
They learned that the hard way when millionaire drug dealers after conviction had no assets to seize, having sold them and offshored the funds. A lien should be sufficient in most cases, a physical seizure in others.
The way it was if you carried enough cash, they could take it and say it was drub money. You can NEVER get it back.