A bill to suspend temporarily the duty on Liquid Crystal Device panel assemblies for use in Liquid Crystal Device projection type televisions.

This bill proposes to temporarily eliminate the import taxes, or duties, on specific internal components used to manufacture projection-type LCD televisions. If passed, these components—specifically liquid crystal device panel assemblies—could be imported into the United States duty-free through December 31, 2008.

For the average citizen, this legislation is designed to lower production costs for electronics manufacturers operating within the United States. By reducing these costs, the bill aims to make high-end projection televisions more affordable for consumers and support the competitiveness of domestic assembly plants.