No first gen tank is vented, only the fuel cap is vented. The fuel cap has a valve that will allow air in, but won't allow fumes out. A good fuel cap will rattle much like a PCV valve.
The retrun line used on Q-Jet cars returned fuel to the tank and had nothing to do with venting. This was an effort to move fuel through the main fuel line to prevent vapor lock.
Your car is probably fine. Just make sure all exhaust components are at least 1.5" away from the tank.
Beginning in 1971, all Chevy cars (I think in 71) received fuel tanks with vent lines that connected from the tank, to a fuel separator (usually mounted on the tank), to a charcoal can, then to a vacuum source at the carb. This system created vacuum in the tank which prevented the tank from burping when you opened the fuel cap. These systems did not use a vented fuel cap but a closed one,..all in the name of reducing emissions.