House Bill No. 613 establishes the Acadiana Regional Airport and Lemaire Memorial Airport District in Iberia Parish as a political subdivision of the state, with its domicile in New Iberia Parish. The district's boundaries will coincide with those of Iberia Parish and will encompass the two airports. The governance structure includes a board of seven commissioners appointed by local councils and boards, with specific qualifications required for board members, such as relevant experience in airport operations. Current members of the Iberia Parish Airport board will transition to the new district board, which will have the authority to incur debt, enter contracts, and manage airport facilities. The board is also required to submit an annual financial report to the Iberia Parish Council.

The bill outlines the operational framework for the district, including the election of board officers and the requirement for monthly meetings. Board members will serve without compensation and are responsible for creating rules for their meetings. Upon receiving FAA certification, the district will gain extensive powers, including the ability to oversee airport improvements and manage local government-owned airports. Local governments must refrain from actions that could impair the district's powers and must obtain consent from the district before selling or encumbering airport facilities. The law will take effect upon the governor's signature or after the lapse of time for gubernatorial action.