Older Americans Tax Savings Act of 1979

Older Americans' Tax Savings Act of 1979 - Permits individuals age 65 or over to claim a reimbursement for property taxes accrued for a taxable year. Limits the amount of such reimbursement to the lesser of the property taxes accrued or $600. Prohibits any reimbursement to a claimant whose household income exceeds $8,000 per year.

Sets forth procedures for the Internal Revenue Service in making reimbursements to claimants, verifying claims, obtaining information regarding claims, and for recovering fraudulent claims.