diff --git a/sdk/schemaregistry/azure-schemaregistry/CHANGELOG.md b/sdk/schemaregistry/azure-schemaregistry/CHANGELOG.md
index 39757e888106..11886ee438c7 100644
--- a/sdk/schemaregistry/azure-schemaregistry/CHANGELOG.md
+++ b/sdk/schemaregistry/azure-schemaregistry/CHANGELOG.md
@@ -1,5 +1,15 @@
 # Release History
 
+## 1.3.0b3 (Unreleased)
+
+### Features Added
+
+### Breaking Changes
+
+### Bugs Fixed
+
+### Other Changes
+
 ## 1.3.0b2 (2023-08-09)
 
 ### Features Added
diff --git a/sdk/schemaregistry/azure-schemaregistry/azure/schemaregistry/_version.py b/sdk/schemaregistry/azure-schemaregistry/azure/schemaregistry/_version.py
index d7f052aec0ca..fc1bdfcb15d3 100644
--- a/sdk/schemaregistry/azure-schemaregistry/azure/schemaregistry/_version.py
+++ b/sdk/schemaregistry/azure-schemaregistry/azure/schemaregistry/_version.py
@@ -24,4 +24,4 @@
 #
 # --------------------------------------------------------------------------
 
-VERSION = "1.3.0b2"
+VERSION = "1.3.0b3"