Final answer:
The Health Insurance Portability and Accountability Act (HIPAA) is the legislative act responsible for setting standards for the protection of health information, requiring confidentiality of patient records and conditioning the use and disclosure of such information.
Step-by-step explanation:
The legislative act that outlines the rules for the collection, use, and disclosure of health information is the Health Insurance Portability and Accountability Act (HIPAA), which was passed into law in 1996. HIPAA establishes national standards to protect individuals' medical records and other personal health information and applies to health plans, health care clearinghouses, and those health care providers that conduct certain health care transactions electronically. It requires appropriate safeguards to protect the privacy of personal health information and sets limits and conditions on the uses and disclosures that may be made of such information without patient authorization.