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Press Release: Rep. John B. Larson Introduces Bipartisan SHARE Plan Act to Address Wealth Gap

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Rep. John B. Larson introduces the SHARE Plan Act to address the wealth gap and promote employee stock ownership.

Quiver AI Summary

Rep. John B. Larson (CT-01), alongside Reps. Tom Suozzi (NY-03) and Mike Kelly (PA-16), has introduced the bipartisan SHARE Plan Act aimed at reducing the wealth gap in the U.S. Larson emphasized the need for equitable wealth distribution, stating that current disparities often leave middle-class workers behind.

The proposed legislation offers tax incentives for companies that allocate stock to at least 80% of their non-senior employees, potentially transferring up to $3 trillion in wealth to about 40 million workers. This initiative, inspired by business leader Bob Patricelli, aims to make employees stakeholders and promote greater financial security for working-class families.

Patricelli noted that the wealth gap has reached unprecedented levels, with the bottom 50% of households owning less than one percent of stock. He highlighted the SHARE Plan's potential to transform employees' economic futures by enhancing their participation in the financial success of their companies.

Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.

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John B. Larson Net Worth

Quiver Quantitative estimates that John B. Larson is worth $2.3M, as of July 24th, 2025. This is the 213th highest net worth in Congress, per our live estimates.

Larson has approximately $559.7K invested in publicly traded assets which Quiver is able to track live.

You can track John B. Larson's net worth on Quiver Quantitative's politician page for Larson.

John B. Larson Bill Proposals

Here are some bills which have recently been proposed by John B. Larson:

  • H.R.1877: Protecting Americans’ Social Security Data Act
  • H.R.1876: Keeping Our Field Offices Open Act
  • H.R.1321: Ending DOGE Conflicts Act

You can track bills proposed by John B. Larson on Quiver Quantitative's politician page for Larson.

John B. Larson Fundraising

John B. Larson recently disclosed $106.4K of fundraising in a Q2 FEC disclosure filed on July 15th, 2025. This was the 601st most from all Q2 reports we have seen this year. 5.6% came from individual donors.

Larson disclosed $143.6K of spending. This was the 389th most from all Q2 reports we have seen from politicians so far this year.

Larson disclosed $262.5K of cash on hand at the end of the filing period. This was the 601st most from all Q2 reports we have seen this year.

You can see the disclosure here, or track John B. Larson's fundraising on Quiver Quantitative.

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