diff --git a/eng/versions/mssql-python-rs-nuget.version b/eng/versions/mssql-python-rs-nuget.version
index 6c6aa7cb0..0d91a54c7 100644
--- a/eng/versions/mssql-python-rs-nuget.version
+++ b/eng/versions/mssql-python-rs-nuget.version
@@ -1 +1 @@
-0.1.0
\ No newline at end of file
+0.3.0
diff --git a/eng/versions/mssql-python-rs.version b/eng/versions/mssql-python-rs.version
index 6c6aa7cb0..9325c3ccd 100644
--- a/eng/versions/mssql-python-rs.version
+++ b/eng/versions/mssql-python-rs.version
@@ -1 +1 @@
-0.1.0
\ No newline at end of file
+0.3.0
\ No newline at end of file
diff --git a/tests/test_038_mssql_odbc_daily_validation.py b/tests/test_038_mssql_odbc_daily_validation.py
index b4a22b35c..539e65ea6 100644
--- a/tests/test_038_mssql_odbc_daily_validation.py
+++ b/tests/test_038_mssql_odbc_daily_validation.py
@@ -148,7 +148,7 @@ def test_stable_rs_transport_is_pinned(self):
             encoding="ascii"
         )
 
-        self.assertEqual(version.strip(), "0.1.0")
+        self.assertEqual(version.strip(), "0.3.0")
 
 
 if __name__ == "__main__":