The "Live and Let Live Act" seeks to amend the South Carolina Code of Laws by introducing Article 2 to Chapter 32, Title 1, which prohibits state discrimination against individuals and organizations based on their beliefs about marriage and gender. The bill underscores the significance of protecting religious freedom and moral convictions, particularly concerning same-sex marriage and gender identity. It defines key terms such as "discriminatory action" and "religious organization," and asserts that the state cannot impose adverse actions against those acting in accordance with their sincerely held beliefs.

Key provisions include protections for religious organizations regarding their decisions to solemnize marriages, as well as safeguards for individuals involved in adoption and foster care services. The bill allows individuals to file claims against the state for violations of these protections, offering remedies such as compensatory damages and attorney's fees. It also clarifies that any pending rights or liabilities based on laws being amended or repealed will remain unaffected unless explicitly stated otherwise. Additionally, a severability clause ensures that if any part of the act is deemed unconstitutional, the remaining sections will still be valid, with the act taking effect upon the Governor's approval.