The draft PhyloCode has been in a pretty stable form for a while. But recently, there has been a proposal to drastically change how it handles species. You can read the proposal here:
The first paragraph:
The overarching goal of this proposal is to remove all mention of "species" from the PhyloCode. Detailed justifications for this goal are given in a supporting paper (Cellinese, Baum, and Mishler, in review); here we present a summary of the main arguments, along with specific proposals for change.
If anyone would like a Microsoft Word version of this document, just ask.
I have weighed in.