diff --git a/.changes/unreleased/Features-20240927-134248.yaml b/.changes/unreleased/Features-20240927-134248.yaml
new file mode 100644
index 00000000..0b456244
--- /dev/null
+++ b/.changes/unreleased/Features-20240927-134248.yaml
@@ -0,0 +1,6 @@
+kind: Features
+body: Enable setting current value of dbt_valid_to
+time: 2024-09-27T13:42:48.654556-04:00
+custom:
+  Author: gshank
+  Issue: "320"
diff --git a/dbt/include/global_project/macros/materializations/snapshots/helpers.sql b/dbt/include/global_project/macros/materializations/snapshots/helpers.sql
index 8d982855..52fdb9bf 100644
--- a/dbt/include/global_project/macros/materializations/snapshots/helpers.sql
+++ b/dbt/include/global_project/macros/materializations/snapshots/helpers.sql
@@ -53,7 +53,13 @@
             {{ strategy.unique_key }} as dbt_unique_key
 
         from {{ target_relation }}
-        where {{ columns.dbt_valid_to }} is null
+        where
+            {% if config.get('dbt_valid_to_current') %}
+               {# Check for either dbt_valid_to_current OR null, in order to correctly update records with nulls #}
+               ( {{ columns.dbt_valid_to }} = {{ config.get('dbt_valid_to_current') }} or {{ columns.dbt_valid_to }} is null)
+            {% else %}
+                {{ columns.dbt_valid_to }} is null
+            {% endif %}
 
     ),
 
@@ -64,7 +70,7 @@
             {{ strategy.unique_key }} as dbt_unique_key,
             {{ strategy.updated_at }} as {{ columns.dbt_updated_at }},
             {{ strategy.updated_at }} as {{ columns.dbt_valid_from }},
-            nullif({{ strategy.updated_at }}, {{ strategy.updated_at }}) as {{ columns.dbt_valid_to }},
+            {{ get_dbt_valid_to_current(strategy, columns) }},
             {{ strategy.scd_id }} as {{ columns.dbt_scd_id }}
 
         from snapshot_query
@@ -166,7 +172,7 @@
         {{ strategy.scd_id }} as {{ columns.dbt_scd_id }},
         {{ strategy.updated_at }} as {{ columns.dbt_updated_at }},
         {{ strategy.updated_at }} as {{ columns.dbt_valid_from }},
-        nullif({{ strategy.updated_at }}, {{ strategy.updated_at }}) as {{ columns.dbt_valid_to }}
+        {{ get_dbt_valid_to_current(strategy, columns) }}
     from (
         {{ sql }}
     ) sbq
@@ -210,3 +216,9 @@
   {%   endif %}
   {% endif %}
 {% endmacro %}
+
+{% macro get_dbt_valid_to_current(strategy, columns) %}
+  {% set dbt_valid_to_current = config.get('dbt_valid_to_current') or "null" %}
+  coalesce(nullif({{ strategy.updated_at }}, {{ strategy.updated_at }}), {{dbt_valid_to_current}})
+  as {{ columns.dbt_valid_to }}
+{% endmacro %}
diff --git a/dbt/include/global_project/macros/materializations/snapshots/snapshot_merge.sql b/dbt/include/global_project/macros/materializations/snapshots/snapshot_merge.sql
index 74494ed2..cf787e4f 100644
--- a/dbt/include/global_project/macros/materializations/snapshots/snapshot_merge.sql
+++ b/dbt/include/global_project/macros/materializations/snapshots/snapshot_merge.sql
@@ -14,7 +14,12 @@
     on DBT_INTERNAL_SOURCE.{{ columns.dbt_scd_id }} = DBT_INTERNAL_DEST.{{ columns.dbt_scd_id }}
 
     when matched
-     and DBT_INTERNAL_DEST.{{ columns.dbt_valid_to }} is null
+     {% if config.get("dbt_valid_to_current") %}
+       and (DBT_INTERNAL_DEST.{{ columns.dbt_valid_to }} = {{ config.get('dbt_valid_to_current') }} or
+            DBT_INTERNAL_DEST.{{ columns.dbt_valid_to }} is null)
+     {% else %}
+       and DBT_INTERNAL_DEST.{{ columns.dbt_valid_to }} is null
+     {% endif %}
      and DBT_INTERNAL_SOURCE.dbt_change_type in ('update', 'delete')
         then update
         set {{ columns.dbt_valid_to }} = DBT_INTERNAL_SOURCE.{{ columns.dbt_valid_to }}