The Iron Pipeline Review Act directs the Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF) to submit an annual report to Congress on firearms trafficked along Interstate 95. This report will include an analysis of the number of firearms trafficked, the effectiveness of counter-trafficking measures, and recommendations for improving law enforcement efforts. The report will also include proposals for legislative actions and funding needed to counter firearm trafficking. The initial report is due one year after the enactment of the act.