diff --git a/CHANGELOG.md b/CHANGELOG.md
index ca569c1..ee23653 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,12 @@
+# v0.3.1
+
+## Bug Fixes
+* fix: add tags to IAM Policy (#30) (rajgandhi9)([ec108f3](https://github.com/lacework/terraform-aws-config/commit/ec108f3411e0b7eb6ff6547c47e3f575240fc89b))
+## Documentation Updates
+* docs: Add contributing documentation (#27) (Darren)([2fb0e69](https://github.com/lacework/terraform-aws-config/commit/2fb0e6981e4f9ad1ae3fbf15aaac0073de275a77))
+## Other Changes
+* ci: version bump to v0.3.1-dev (Lacework)([f928229](https://github.com/lacework/terraform-aws-config/commit/f928229087f6b00dd496b46ea9ab367126282e43))
+---
 # v0.3.0
 
 ## Features
diff --git a/RELEASE_NOTES.md b/RELEASE_NOTES.md
index 3b49e14..75dbb63 100644
--- a/RELEASE_NOTES.md
+++ b/RELEASE_NOTES.md
@@ -1,8 +1,9 @@
 # Release Notes
-Another day, another release. These are the release notes for the version `v0.3.0`.
+Another day, another release. These are the release notes for the version `v0.3.1`.
 
-## Features
-* feat: add custom lacework audit policy (hazedav)([6c081dd](https://github.com/lacework/terraform-aws-config/commit/6c081dd5b3a568806fa4372352476db06d6e1ff8))
+## Bug Fixes
+* fix: add tags to IAM Policy (#30) (rajgandhi9)([ec108f3](https://github.com/lacework/terraform-aws-config/commit/ec108f3411e0b7eb6ff6547c47e3f575240fc89b))
+## Documentation Updates
+* docs: Add contributing documentation (#27) (Darren)([2fb0e69](https://github.com/lacework/terraform-aws-config/commit/2fb0e6981e4f9ad1ae3fbf15aaac0073de275a77))
 ## Other Changes
-* chore: version bump to v0.2.3-dev (Lacework)([60e7070](https://github.com/lacework/terraform-aws-config/commit/60e70709557b0be27c0f26d9eba1ce47aec68dda))
-* ci: sign lacework-releng commits (#25) (Salim Afiune)([1ba3aa0](https://github.com/lacework/terraform-aws-config/commit/1ba3aa050f6b324dbd0d1abee3a52b038a470e82))
+* ci: version bump to v0.3.1-dev (Lacework)([f928229](https://github.com/lacework/terraform-aws-config/commit/f928229087f6b00dd496b46ea9ab367126282e43))
diff --git a/VERSION b/VERSION
index 20c82e2..a2268e2 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-0.3.1-dev
\ No newline at end of file
+0.3.1
\ No newline at end of file