Senate File No. 561 is a proposed law in Minnesota that aims to change how property tax notices and statements are presented. Specifically, the bill seeks to eliminate the reporting of fiscal disparities adjustment amounts on these documents. Additionally, it proposes the repeal of two specific subdivisions of Minnesota Statutes set to take effect in 2024, which currently require these fiscal disparity adjustments to be included in the tax notices and statements. This would simplify the information presented to property owners about their taxes.