CO HB1401

Defines "Software as a Service" (SaaS) as internet-based software deployment allowing customers to use applications on demand through subscription or pay-as-you-go models without purchasing hardware directly.

Requires state agencies implementing "Collaboration, Office Productivity, and Electronic Mail" (COPE) services on or after January 1, 2010, to file reports with the Joint Budget Committee and Legislative Audit Committee within 30 days, including implementation plans, cost-benefit analyses, and information security compliance assessments.

Mandates quarterly progress and cost-savings reports for two years following initial COPE implementation, with reporting requirements ending after the two-year period.

Requires state agencies to report annually to the Executive Director on charges and fees imposed for electronic information access through the statewide internet portal, with the board reporting totals to specified legislative committees and the Joint Budget Committee by November 1 each year.

Establishes state auditor authority to conduct financial and performance audits of the Statewide Internet Portal Authority beginning August 1, 2011, with financial audit costs paid by the Authority and performance audit costs paid by the General Assembly.

All provisions related to SaaS, COPE services, and reporting requirements expire July 1, 2014.