CPVR

One of the things that wasn't covered in the CAN Debate last week is something that I am very curious about.  It's the last paragraph of the Petition sponsored by the CPVR to increase the requirements to do away with an elected position to a Super Majority Vote. I've read it several times and to me it basically will wipe out the CTLAC Amendment provided it gets on the ballot and it passes.  I am interested in anyone else's interpretation on what this paragraph means.

"This amendement shall be effective immediately upon approval by the electors of Clay County, and shall be effective as to any question on the November 2008 general election ballot and thereafter"