Requires the Office of Information Technology Services (OITS) to study the use of and cost savings associated with the adoption of utility‑based cloud computing services by State agencies, defining utility‑based computing to mean the process of providing computing service through an on‑demand, pay‑per‑use billing method, metering the offered services. Specifies items that must be included in the study.  Requires the State Chief Information Officer to make a written report by October 1, 2015, to the Joint Legislative Oversight Committee on Information Technology on the results of the OITS review of utility‑based computing.