In my experience, I have found that the gravel contains very little bacteria. I think most people still think the substrate has a lot of bacteria because in the old days of under-gravel filters there was a lot of bacteria there as all the water passed through the gravel. Now, most of your bacteria is in the filter with some on the tank walls, decorations and gravel. It certainly won't hurt to move the gravel though.
As for the water, don't waste your time with it unless it is just because you are moving the fish. There are no bacteria in the water column. The only reason to transfer the water is for the fish. You would be moving them into the same water they are already in so acclimation would not be a problem. All you would have to do is top off the tank. I would suggest doing a water change the day before you make the move just so the water you are moving is as clean as possible.
If possible, run both filters, the old one from the 29 gallon and the new filter/filters that you are getting for the 75 gallon together for 2 or 3 weeks. The bacteria in the old filter should indeed be enough that you don't need to cycle the tank and running them together for a while will allow the new filters to develop bacteria too.
I say new filters (plural) because, IMO, on a tank that size, it is better to run dual filters and heaters. You get better circulation and the water temperature stays more constant across the tank. Also, if for some reason one filter fails, there is still one running (same with the heaters). You might want to look into canister filters with inline heaters. They work great and it's one (or two) less things hanging inside the tank.