Unless you live in an area that has emissions laws, the year shouldn't matter. Generally, if there are emissions laws the engine has to be the same year as the vehicle or newer.
I'm not sure but I think a 700R4 should bolt up to any small-block Chevy.
But why do you want to get rid of the 305? More power or just needs a rebuild? What gears do you have in your differentials? Do you run big tires? It's possible a gear swap might help achieve some of your goals. Just some questions/thoughts.