Feeling the last proposal (7)
I believe the answer is:
emotion
'feeling' is the definition.
(emotion is a kind of feeling)
'the last proposal' is the wordplay.
'last' indicates one should take the final letters.
'proposal' becomes 'motion' (proposal at a meeting).
The final letter of 'the' is 'e'.
'e'+'motion'='EMOTION'
(Other definitions for emotion that I've seen before include "Fear possibly" , "Feeling such as joy, sorrow and fear" , "Hatred or love, say" , "Strong desire" , "Strong feeling of joy, fear etc" .)