The Council of Bishops has met and endorsed “The One Church Plan.” According to the summary on umc.org:
To find a way forward on the denomination’s homosexuality debate, bishops are recommending the church allow more freedom at the conference and local church levels.
Under what the Council of Bishops calls the One Church Plan, decisions about whether to ordain LGBTQ clergy or to officiate at same-gender unions would be made closer to the congregational level.
The plan would remove the restrictive language against the practice of homosexuality in the Book Discipline, the denomination’s policy book. The plan also adds assurances to pastors and conferences who in good conscience cannot perform same-sex weddings or ordain “self-avowed practicing” gay clergy that they don’t have to do so. 
Our understanding (Jenny’s and mine) is that if this plan is approved by General Conference (a big if) it would leave individual annual conferences to decide whether or not to ordain LGBT folk and individual congregations and pastors to decide whether or not marriages between same-sex couples would be performed in a local church. Bishop Saenz has a pastoral letter here: http://bit.ly/2jtP3qw.
 United Methodist Communications, “Bishops Propose Plan for Way Forward,” The United Methodist Church, May 04, 2018, accessed May 04, 2018, http://www.umc.org/news-and-media/bishops-propose-plan-for-way-forward.