Can someone translate this ballot measure? Does it mean Alaska will get more or less taxes from gas resources

Question

This measure would levy new state tax on certain oil and gas leases overlying large deposits of natural gas. When a major gas pipeline system is built and gas is transported, resource tax will be repealed and leaseholders will become eligible for tax credits for some of these taxes previously paid, which could be used to reduce future production taxes.

Answer 1

more now, and possibly less later