diff --git a/VERSION b/VERSION
index 896292a7f38..025265dcf42 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-9.3.15.0
+9.3.16.0-SNAPSHOT
diff --git a/core/pom.xml b/core/pom.xml
index 5a8b14d2bc2..cff2cd4f472 100644
--- a/core/pom.xml
+++ b/core/pom.xml
@@ -12,7 +12,7 @@ DO NOT MODIFY - GENERATED CODE
   <parent>
     <groupId>org.jruby</groupId>
     <artifactId>jruby-parent</artifactId>
-    <version>9.3.15.0</version>
+    <version>9.3.16.0-SNAPSHOT</version>
   </parent>
   <artifactId>jruby-base</artifactId>
   <name>JRuby Base</name>
diff --git a/lib/pom.xml b/lib/pom.xml
index eaea280aa8b..3ec96278246 100644
--- a/lib/pom.xml
+++ b/lib/pom.xml
@@ -12,7 +12,7 @@ DO NOT MODIFY - GENERATED CODE
   <parent>
     <groupId>org.jruby</groupId>
     <artifactId>jruby-parent</artifactId>
-    <version>9.3.15.0</version>
+    <version>9.3.16.0-SNAPSHOT</version>
   </parent>
   <artifactId>jruby-stdlib</artifactId>
   <name>JRuby Lib Setup</name>
@@ -28,7 +28,7 @@ DO NOT MODIFY - GENERATED CODE
     <dependency>
       <groupId>org.jruby</groupId>
       <artifactId>jruby-core</artifactId>
-      <version>9.3.15.0</version>
+      <version>9.3.16.0-SNAPSHOT</version>
       <scope>test</scope>
     </dependency>
     <dependency>
diff --git a/pom.xml b/pom.xml
index ac917263dac..ef4c093b176 100644
--- a/pom.xml
+++ b/pom.xml
@@ -16,7 +16,7 @@ DO NOT MODIFY - GENERATED CODE
   </parent>
   <groupId>org.jruby</groupId>
   <artifactId>jruby-parent</artifactId>
-  <version>9.3.15.0</version>
+  <version>9.3.16.0-SNAPSHOT</version>
   <packaging>pom</packaging>
   <name>JRuby</name>
   <description>JRuby is the effort to recreate the Ruby (https://www.ruby-lang.org) interpreter in Java.</description>
@@ -274,9 +274,6 @@ DO NOT MODIFY - GENERATED CODE
                   <requireMavenVersion>
                     <version>[3.3.0,)</version>
                   </requireMavenVersion>
-                  <requireReleaseDeps>
-                    <message>No Snapshots Allowed!</message>
-                  </requireReleaseDeps>
                 </rules>
               </configuration>
             </execution>
diff --git a/shaded/pom.xml b/shaded/pom.xml
index 77769b5339c..27fc4387af3 100644
--- a/shaded/pom.xml
+++ b/shaded/pom.xml
@@ -12,7 +12,7 @@ DO NOT MODIFY - GENERATED CODE
   <parent>
     <groupId>org.jruby</groupId>
     <artifactId>jruby-parent</artifactId>
-    <version>9.3.15.0</version>
+    <version>9.3.16.0-SNAPSHOT</version>
   </parent>
   <artifactId>jruby-core</artifactId>
   <name>JRuby Core</name>