Thanks, but my first question concerns the current bylaws not the proposed changes.

It's probably just me but I'm not grasping the meaning of:

[b:317mjwfb]"If the option is not taken, nominations by the last nominating committee and an election shall be scheduled at the earliest possible time."[/b:317mjwfb] 

Do only previous presidential nominees, by the last nominating committee, get to be in this election or does the last nominating committee take new nominations? 

Thanks again,
Myron KY