FL H1443

Authorizes the Department of Revenue to contract with public or private vendors to develop and implement the Internet Sales Tax Automated Revenue Tracking (iSTART) program for collecting and administering sales and use taxes

Requires the system to determine transaction taxability, apply appropriate tax rates including local options, collect taxes due, and provide reporting/payment methods to the department

Mandates legislative approval before any negotiated contract can be executed, and requires annual reports by January 1 to the Governor, Cabinet, and legislative leadership on vendor participation, tax collections, and vendor compensation

Classifies violation of information disclosure agreements as a first-degree misdemeanor

Directs the Legislature to consider reducing the state sales and use tax rate by 1 percentage point when iSTART collections reach at least $5 billion