diff --git a/sdk/schemaregistry/azure-schemaregistry/CHANGELOG.md b/sdk/schemaregistry/azure-schemaregistry/CHANGELOG.md
index 6cb3bc3bc3c5..998ba56d0dc7 100644
--- a/sdk/schemaregistry/azure-schemaregistry/CHANGELOG.md
+++ b/sdk/schemaregistry/azure-schemaregistry/CHANGELOG.md
@@ -1,5 +1,15 @@
 # Release History
 
+## 1.0.0b3 (Unreleased)
+
+### Features Added
+
+### Breaking Changes
+
+### Bugs Fixed
+
+### Other Changes
+
 ## 1.0.0b2 (2021-08-17)
 
 This version and all future versions will require Python 2.7 or Python 3.6+, Python 3.5 is no longer supported.
diff --git a/sdk/schemaregistry/azure-schemaregistry/azure/schemaregistry/_version.py b/sdk/schemaregistry/azure-schemaregistry/azure/schemaregistry/_version.py
index 501378b2daf6..3b8ff2016920 100644
--- a/sdk/schemaregistry/azure-schemaregistry/azure/schemaregistry/_version.py
+++ b/sdk/schemaregistry/azure-schemaregistry/azure/schemaregistry/_version.py
@@ -24,4 +24,4 @@
 #
 # --------------------------------------------------------------------------
 
-VERSION = "1.0.0b2"
+VERSION = "1.0.0b3"