I highly doubt she'll be in the election. She has very different goals now, coming up with a better education system than Xavier's usual training child soldiers schtick and integrating magic into Krakoan society in a way that makes people more connected than human societies are capable of. And that's on top of her duties as a captain and teacher at Strange Academy. It wouldn't make sense for her to want to be on the X-Men at this point. The only way I see her moving to a different team is if Marvel plans on cancelling New Mutants. It would be nice to see her having a bigger role at the gala since last year she was stuck dealing with a no-name wannabe artist. The fact that this is coming out in the middle of the Labors of Magik storyline might mean they want some synergy between the stories. And who knows, maybe Labors is how they are leading into finally giving Illyana her own book.