diff --git a/.bumpversion.cfg b/.bumpversion.cfg
index 5fad50fb3..b85ff789d 100644
--- a/.bumpversion.cfg
+++ b/.bumpversion.cfg
@@ -1,5 +1,5 @@
 [bumpversion]
-current_version = 1.3.0rc1
+current_version = 1.3.0rc2
 parse = (?P<major>\d+)
 	\.(?P<minor>\d+)
 	\.(?P<patch>\d+)
diff --git a/.changes/1.3.0-rc2.md b/.changes/1.3.0-rc2.md
new file mode 100644
index 000000000..8c1363351
--- /dev/null
+++ b/.changes/1.3.0-rc2.md
@@ -0,0 +1,6 @@
+## dbt-bigquery 1.3.0-rc2 - October 03, 2022
+### Features
+- Migrate dbt-utils current_timestamp macros into core + adapters ([#324](https://github.com/dbt-labs/dbt-bigquery/issues/324), [#323](https://github.com/dbt-labs/dbt-bigquery/pull/323))
+
+### Contributors
+- [@colin-rogers-dbt](https://github.com/colin-rogers-dbt) ([#323](https://github.com/dbt-labs/dbt-bigquery/pull/323))
diff --git a/.changes/unreleased/Features-20220926-105700.yaml b/.changes/1.3.0/Features-20220926-105700.yaml
similarity index 100%
rename from .changes/unreleased/Features-20220926-105700.yaml
rename to .changes/1.3.0/Features-20220926-105700.yaml
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 9239b7c0c..f3ff80760 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -4,6 +4,12 @@
 - Changes are listed under the (pre)release in which they first appear. Subsequent releases include changes from previous releases.
 - "Breaking changes" listed under a version may require action from end users or external maintainers when upgrading to that version.
 - Do not edit this file directly. This file is auto-generated using [changie](https://github.com/miniscruff/changie). For details on how to document a change, see [the contributing guide](https://github.com/dbt-labs/dbt-bigquery/blob/main/CONTRIBUTING.md#adding-changelog-entry)
+## dbt-bigquery 1.3.0-rc2 - October 03, 2022
+### Features
+- Migrate dbt-utils current_timestamp macros into core + adapters ([#324](https://github.com/dbt-labs/dbt-bigquery/issues/324), [#323](https://github.com/dbt-labs/dbt-bigquery/pull/323))
+
+### Contributors
+- [@colin-rogers-dbt](https://github.com/colin-rogers-dbt) ([#323](https://github.com/dbt-labs/dbt-bigquery/pull/323))
 ## dbt-bigquery 1.3.0-rc1 - September 28, 2022
 ### Features
 - Add support for Dataproc Serverless ([#248](https://github.com/dbt-labs/dbt-bigquery/issues/248), [#303](https://github.com/dbt-labs/dbt-bigquery/pull/303))
diff --git a/dbt/adapters/bigquery/__version__.py b/dbt/adapters/bigquery/__version__.py
index 8a13e6fd0..740ee3f9d 100644
--- a/dbt/adapters/bigquery/__version__.py
+++ b/dbt/adapters/bigquery/__version__.py
@@ -1 +1 @@
-version = "1.3.0rc1"
+version = "1.3.0rc2"
diff --git a/setup.py b/setup.py
index 28af27220..bb7c83166 100644
--- a/setup.py
+++ b/setup.py
@@ -50,7 +50,7 @@ def _get_dbt_core_version():
 
 
 package_name = "dbt-bigquery"
-package_version = "1.3.0rc1"
+package_version = "1.3.0rc2"
 dbt_core_version = _get_dbt_core_version()
 description = """The BigQuery adapter plugin for dbt"""