In this section the following words have the meanings indicated. “Construction material” means an item of tangible personal property that is used to construct or renovate a building, a structure, or an improvement on land and that typically loses its separate identity as personal property once incorporated into the real property. “Construction material” includes building materials, building systems equipment, landscaping materials, and supplies. “Target redevelopment area” means real property in Washington County that: is commonly known as the Mount Aetna Technology Park and accessible from Robinwood Drive, Mount Aetna Road, and Yale Drive; and is located in an Office, Research, and Industry zoning district. “Warehousing equipment” means equipment used for material handling and storage, including racking systems, conveying systems, and computer systems and equipment. The sales and use tax does not apply to a sale of construction material or warehousing equipment if: the material or equipment is purchased by a person solely for use in a target redevelopment area; and the buyer provides the vendor with evidence of eligibility for the exemption issued by the Comptroller. For at least 3 years after the date of a sale described under subsection (b) of this section, the buyer shall maintain a record of the amount of sales and use tax that was not paid as a result of the exemption under this section. On or before October 1, 2027, and each October 1 thereafter, each buyer that receives a certificate issued in accordance with this section shall report to the Comptroller the amount of sales and use tax that was not paid as a result of the exemption under this section during the immediately preceding fiscal year. On or before December 31, 2027, and each December 31 thereafter, the Comptroller shall submit a report to the Governor and, in accordance with § 2–1257 of the State Government Article, the General Assembly on the aggregate amount of sales and use tax that was not paid as a result of the exemption under this section during the immediately preceding fiscal year.