Special Prosecutor Act of 1979

Special Prosecutor Act of 1979 - Establishes an independent Office of Special Prosecution, to be headed by a Special Prosecutor appointed by the President, with jurisdiction to investigate and prosecute violations of any provision of or regulation promulgated under the Emergency Petroleum Act of 1973.

Grants the Special Prosecutor the power and authority to exercise all investigative and prosecutorial functions and powers of the Departments of Justice and Energy to perform the function of the office, including: (1) conducting civil and criminal litigation in any court; (2) contesting the assertion of executive, testimonial, evidentiary, or other privilege; (3) receiving appropriate national security clearance and, if necessary, contesting any attempt to withhold evidence on grounds of national security; (4) inspecting, obtaining, or using the original or a copy of any tax return; and (5) instructing the Federal Bureau of Investigation and other domestic investigative agencies with respect to information and evidence.

Directs the Special Prosecutor to submit at least annually a report on the activities of the Office to the President and the Congress. Requires the submission of a detailed statement of the activities of the Office with recommendations for legislation and administrative action. Terminates the Office five years after appointment of the Special Prosecutor.