The light levels will measure differently at different distances of the light meter's probe from the light. Assuming the distance of the probe from the light remains the same, the distance from the water won't have any effect on the readings.
Measurements of light levels within the tank will vary with different distances of the lighting from the water if the probe remains at the same location. In other words, if the distance of the light from the probe decreases then the light measurements will increase. This does not reflect any change in the bulb itself, only in the masured light level. The further you are from a light source the dimmer it will appear.
Allen