He goes on to ask "I'm wondering, how hard is it to make a .xla of this code so I can distribute it around the office, basically I won't have to copy/paste and add conditional format every single time someone wants to use it in a workbook."
Well, yes, the easiest solution is to make an add-in which will add the formatting and code. So I decided to make one. And when I make things, I usually try to add some extra functionality so the add-in I made one to highlight rows, columns or both. Refer to the below pics.
Row Highligting

Column Highligting

Row and Column Highligting

Be warned. This add-in will delete any existing conditional formatting in a range where you use it. It will also insert the VBA code as required, although this should not cause a problem.
Here's the download link if you want to try it.