This bill mandates that federal agencies conduct a household cost impact analysis for any proposed rule. Before publishing a proposed rule, agencies must prepare an initial analysis detailing whether the rule would substantially increase household costs (defined as $50 or more annually), how it affects different income levels, and suggesting alternatives. This initial analysis must be made available for public comment in the Federal Register. Following public input, agencies are required to prepare a final household cost impact analysis , incorporating public comments and their impact on the cost assessment. Generally, an agency cannot promulgate a final rule if this analysis determines it would substantially increase household costs. Exceptions apply if the rule is legally required or necessary to address an imminent national security threat , a major disaster , or a Presidentially declared emergency , provided Congress is certified. Rules finalized under emergency exceptions are temporary, lasting no more than one year unless subsequently authorized by law. The Director of the Office of Management and Budget (OMB) is tasked with annually reviewing major rules that have increased household costs, recommending amendments or legislative actions. Furthermore, the bill allows for judicial review by adversely affected households to ensure agency compliance with these new analytical requirements.