How the 2024 Election Results Could Shape State Policy on Key Issues
The 2024 elections could shift state policy across various sectors, from childcare and housing to energy and education. Here’s a breakdown of what may lie ahead depending on the changes in legislative and executive power.
Childcare: Business Incentives and Regulatory Reform
Childcare policy is likely to remain a focal point for legislators in the Granite State, particularly around business tax credits, deregulation, and grants for employers or employees. Both parties recognize the economic impact of accessible childcare on workforce participation. Legislative discussions will likely weigh the balance between incentives for private employers versus state-led grants, with tax policy adjustments potentially at play if economic priorities focus on fostering workforce stability through childcare support.
Housing: Incentives vs. Zoning Reform
To address housing shortages, New Hampshire might consider two main routes: incentivizing builders or pressing for zoning changes. The election results will indicate whether housing reforms will lean toward creating local regulatory flexibility or investing in state-level grants for development. Some candidates advocate for zoning reform as a way to directly combat high housing costs, while others prefer market-driven approaches that encourage developers to build more housing without mandating municipalities change zoning to allow for more density.
State Budget Challenges: Waning Federal Funds
With a new budget cycle approaching and the gradual reduction of federal COVID-19 relief funds, states face tighter financial constraints. This budget reality may lead to tough choices around whether or not the state Legislature seeks to reinstate the income and dividend (I&D) tax, potentially affecting public services and state infrastructure funding. The question of whether to adjust revenue streams may become increasingly relevant, depending on the overall state-level fiscal philosophy established by the election outcomes.
Education Funding and School Choice
Education remains a politically charged issue, with policy debates around school choice and Education Freedom Accounts (EFAs). A conservative win could bolster support for this program, while a progressive swing might limit EFA expansions in favor of more public school funding. The 2024 results will determine whether the state Legislature will support broad voucher expansion, further limit eligibility, or potentially roll back EFA initiatives altogether.
Marijuana Industry: Legalization Paths
As the marijuana legalization debate persists, the state Llegislature and the new governor must decide whether – or how best – to move forward. There are many conflicting opinions on the matter held by members of both parties. Election results could shape the industry’s regulatory future, deciding between controlled state-run stores or a more market-driven approach. Or whether recreational use will be legalized at all.
Landfill Siting: Balancing Growth and Environmental Impacts
Though less visible than other issues, landfill siting policy is increasingly important as waste management needs grow. The 2024 elections could affect how the state approaches environmental regulations around landfill expansion and siting, potentially impacting communities.
Professional Licensing: A Push for Deregulation
With outgoing Governor Sununu’s push for cutting red tape around professional licensing, the incoming leadership will determine if New Hampshire continues this trend. New leaders might choose to expand, scale back, or revise current licensing requirements to impact sectors ranging from healthcare to skilled trades.
PFAS Regulations: Impacts on Industry and Environment
How the state prioritize PFAS in its environmental policies will heavily depend on election outcomes, particularly if new leaders advocate for stringent contamination standards affecting industries like manufacturing and waste management.
Energy: Pathways to Lower Costs and New Resources
The future of energy policy is a critical issue, with implications for energy costs and renewable investments. State energy strategies will likely align with either new support for renewables and efficiency or continued reliance on traditional energy sources if federal support diminishes. Depending on the election outcome, New Hampshire’s policy could shift towards clean energy, continue with a mix of nuclear and gas, or even explore deregulation in renewable development.
Healthcare Costs and Access
As healthcare costs soar, especially post-pandemic, many states are evaluating ways to improve access while controlling expenses. Election outcomes may dictate whether New Hampshire and similar states lean toward public healthcare solutions or support private-sector reforms aimed at cost reduction without sacrificing access.
