Dignified, but terribly elated, accepted vote (7)
I believe the answer is:
exalted
'dignified' is the definition.
(thesaurus)
'terribly elated accepted vote' is the wordplay.
'terribly' is an anagram indicator.
'accepted' indicates putting letters inside.
'vote' becomes 'x' (how votes are marked).
'elated' with letters rearranged gives 'ealted'.
'ealted' placed around 'x' is 'EXALTED'.
'but' is the link.
(Other definitions for exalted that I've seen before include "Praised; ennobled" , "Raised high in power or dignity" , "Lifted in praise" , "Rasied high, glorified" , "Elevated in rank" .)