diff --git a/.github/ISSUE_TEMPLATE/bug.yml b/.github/ISSUE_TEMPLATE/bug.yml
index 3c477eda9..1857fdb38 100644
--- a/.github/ISSUE_TEMPLATE/bug.yml
+++ b/.github/ISSUE_TEMPLATE/bug.yml
@@ -15,7 +15,7 @@ body:
     attributes:
       label: Singer SDK Version
       description: Version of the library you are using
-      placeholder: "0.41.0"
+      placeholder: "0.42.0"
     validations:
       required: true
   - type: checkboxes
diff --git a/.pre-commit-config.yaml b/.pre-commit-config.yaml
index e1fb800d1..fba77db69 100644
--- a/.pre-commit-config.yaml
+++ b/.pre-commit-config.yaml
@@ -44,7 +44,7 @@ repos:
   - id: check-readthedocs
 
 - repo: https://github.com/astral-sh/ruff-pre-commit
-  rev: v0.7.2
+  rev: v0.7.3
   hooks:
   - id: ruff
     args: [--fix, --exit-non-zero-on-fix, --show-fixes]
diff --git a/CHANGELOG.md b/CHANGELOG.md
index d28c53016..437839ee4 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -5,6 +5,42 @@ All notable changes to this project will be documented in this file.
 The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0/),
 and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.html).
 
+## v0.42.0 (2024-11-11)
+
+### ✨ New
+
+- [#2742](https://github.com/meltano/sdk/issues/2742) Update dependencies in templates
+- [#2732](https://github.com/meltano/sdk/issues/2732) SQL target developers can now more easily override the mapping from JSON schema to SQL column type
+- [#2730](https://github.com/meltano/sdk/issues/2730) Added `SQLConnector.prepare_primary_key` for target to implement for custom table primary key adaptation
+- [#2488](https://github.com/meltano/sdk/issues/2488) Nested schema properties can now be defined as nullable
+- [#2518](https://github.com/meltano/sdk/issues/2518) Python 3.13 is officially supported
+- [#2637](https://github.com/meltano/sdk/issues/2637) Environment variables are now parsed for boolean, integer, array and object setting values
+- [#2699](https://github.com/meltano/sdk/issues/2699) Stream name can now be accessed in stream maps -- _**Thanks @holly-evans!**_
+- [#2712](https://github.com/meltano/sdk/issues/2712) JSON schema `title` is now supported in configuration and stream properties
+- [#2707](https://github.com/meltano/sdk/issues/2707) Bumped simpleeval to 1.0
+- [#2701](https://github.com/meltano/sdk/issues/2701) Stream name can now be accessed in `__alias__` context of stream maps -- _**Thanks @holly-evans!**_
+
+### 🐛 Fixes
+
+- [#2741](https://github.com/meltano/sdk/issues/2741) `datetime.datetime` instances in stream maps are now correctly mapped to `date-time` JSON schema strings
+- [#2727](https://github.com/meltano/sdk/issues/2727) Object and array JSON types are now handled before primitive types when converting them to SQL types
+- [#2723](https://github.com/meltano/sdk/issues/2723) JSON schema union types are no longer conformed into boolean values
+
+### ⚙️ Under the Hood
+
+- [#2743](https://github.com/meltano/sdk/issues/2743) Deprecate passing file paths to plugin and stream initialization
+
+### 📚 Documentation Improvements
+
+- [#2745](https://github.com/meltano/sdk/issues/2745) Document the current release process
+- [#2717](https://github.com/meltano/sdk/issues/2717) Update Meltano commands in examples
+
+### 📦 Packaging changes
+
+- [#2736](https://github.com/meltano/sdk/issues/2736) Skip `simpleeval` 1.0.1
+- [#2716](https://github.com/meltano/sdk/issues/2716) Stopped testing with SQLAlchemy 1.4
+- [#2714](https://github.com/meltano/sdk/issues/2714) Remove constraint on `urllib3`
+
 ## v0.41.0 (2024-10-02)
 
 ### ✨ New
diff --git a/cookiecutter/mapper-template/{{cookiecutter.mapper_id}}/.pre-commit-config.yaml b/cookiecutter/mapper-template/{{cookiecutter.mapper_id}}/.pre-commit-config.yaml
index d62850b74..e456b9896 100644
--- a/cookiecutter/mapper-template/{{cookiecutter.mapper_id}}/.pre-commit-config.yaml
+++ b/cookiecutter/mapper-template/{{cookiecutter.mapper_id}}/.pre-commit-config.yaml
@@ -24,7 +24,7 @@ repos:
   - id: check-github-workflows
 
 - repo: https://github.com/astral-sh/ruff-pre-commit
-  rev: v0.7.2
+  rev: v0.7.3
   hooks:
   - id: ruff
     args: [--fix, --exit-non-zero-on-fix, --show-fixes]
diff --git a/cookiecutter/mapper-template/{{cookiecutter.mapper_id}}/pyproject.toml b/cookiecutter/mapper-template/{{cookiecutter.mapper_id}}/pyproject.toml
index fee771429..69b475f97 100644
--- a/cookiecutter/mapper-template/{{cookiecutter.mapper_id}}/pyproject.toml
+++ b/cookiecutter/mapper-template/{{cookiecutter.mapper_id}}/pyproject.toml
@@ -31,12 +31,12 @@ packages = [
 
 [tool.poetry.dependencies]
 python = ">=3.9"
-singer-sdk = { version="~=0.41.0"{{ ', extras = ["faker"]' if cookiecutter.faker_extra }} }
+singer-sdk = { version="~=0.42.0"{{ ', extras = ["faker"]' if cookiecutter.faker_extra }} }
 fs-s3fs = { version = "~=1.1.1", optional = true }
 
 [tool.poetry.group.dev.dependencies]
 pytest = ">=8"
-singer-sdk = { version="~=0.41.0", extras = ["testing"] }
+singer-sdk = { version="~=0.42.0", extras = ["testing"] }
 
 [tool.poetry.extras]
 s3 = ["fs-s3fs"]
diff --git a/cookiecutter/tap-template/{{cookiecutter.tap_id}}/.pre-commit-config.yaml b/cookiecutter/tap-template/{{cookiecutter.tap_id}}/.pre-commit-config.yaml
index b823f3beb..869ab2492 100644
--- a/cookiecutter/tap-template/{{cookiecutter.tap_id}}/.pre-commit-config.yaml
+++ b/cookiecutter/tap-template/{{cookiecutter.tap_id}}/.pre-commit-config.yaml
@@ -24,7 +24,7 @@ repos:
   - id: check-github-workflows
 
 - repo: https://github.com/astral-sh/ruff-pre-commit
-  rev: v0.7.2
+  rev: v0.7.3
   hooks:
   - id: ruff
     args: [--fix, --exit-non-zero-on-fix, --show-fixes]
diff --git a/cookiecutter/tap-template/{{cookiecutter.tap_id}}/pyproject.toml b/cookiecutter/tap-template/{{cookiecutter.tap_id}}/pyproject.toml
index 19f1ee931..5486bbd98 100644
--- a/cookiecutter/tap-template/{{cookiecutter.tap_id}}/pyproject.toml
+++ b/cookiecutter/tap-template/{{cookiecutter.tap_id}}/pyproject.toml
@@ -30,7 +30,7 @@ packages = [
 
 [tool.poetry.dependencies]
 python = ">=3.9"
-singer-sdk = { version="~=0.41.0", extras = [
+singer-sdk = { version="~=0.42.0", extras = [
     {%- if cookiecutter.auth_method == "JWT" -%}"jwt", {% endif -%}
     {%- if cookiecutter.faker_extra -%}"faker",{%- endif -%}
 ] }
@@ -42,9 +42,9 @@ requests = "~=2.32.3"
 [tool.poetry.group.dev.dependencies]
 pytest = ">=8"
 {%- if cookiecutter.auth_method == "JWT" %}
-singer-sdk = { version="~=0.41.0", extras = ["jwt", "testing"] }
+singer-sdk = { version="~=0.42.0", extras = ["jwt", "testing"] }
 {%- else %}
-singer-sdk = { version="~=0.41.0", extras = ["testing"] }
+singer-sdk = { version="~=0.42.0", extras = ["testing"] }
 {%- endif %}
 
 [tool.poetry.extras]
diff --git a/cookiecutter/target-template/{{cookiecutter.target_id}}/.pre-commit-config.yaml b/cookiecutter/target-template/{{cookiecutter.target_id}}/.pre-commit-config.yaml
index 9f7263187..86aedf0e9 100644
--- a/cookiecutter/target-template/{{cookiecutter.target_id}}/.pre-commit-config.yaml
+++ b/cookiecutter/target-template/{{cookiecutter.target_id}}/.pre-commit-config.yaml
@@ -24,7 +24,7 @@ repos:
   - id: check-github-workflows
 
 - repo: https://github.com/astral-sh/ruff-pre-commit
-  rev: v0.7.2
+  rev: v0.7.3
   hooks:
   - id: ruff
     args: [--fix, --exit-non-zero-on-fix, --show-fixes]
diff --git a/cookiecutter/target-template/{{cookiecutter.target_id}}/pyproject.toml b/cookiecutter/target-template/{{cookiecutter.target_id}}/pyproject.toml
index 4deff5c78..16e8a98e9 100644
--- a/cookiecutter/target-template/{{cookiecutter.target_id}}/pyproject.toml
+++ b/cookiecutter/target-template/{{cookiecutter.target_id}}/pyproject.toml
@@ -30,7 +30,7 @@ packages = [
 
 [tool.poetry.dependencies]
 python = ">=3.9"
-singer-sdk = { version="~=0.41.0"{{ ', extras = ["faker"]' if cookiecutter.faker_extra }} }
+singer-sdk = { version="~=0.42.0"{{ ', extras = ["faker"]' if cookiecutter.faker_extra }} }
 fs-s3fs = { version = "~=1.1.1", optional = true }
 {%- if cookiecutter.serialization_method != "SQL" %}
 requests = "~=2.32.3"
@@ -38,7 +38,7 @@ requests = "~=2.32.3"
 
 [tool.poetry.dev-dependencies]
 pytest = ">=8"
-singer-sdk = { version="~=0.41.0", extras = ["testing"] }
+singer-sdk = { version="~=0.42.0", extras = ["testing"] }
 
 [tool.poetry.extras]
 s3 = ["fs-s3fs"]
diff --git a/docs/conf.py b/docs/conf.py
index f2ee91c7a..b4ce15adb 100644
--- a/docs/conf.py
+++ b/docs/conf.py
@@ -29,7 +29,7 @@
 author = "Meltano Core Team and Contributors"
 
 # The full version, including alpha/beta/rc tags
-release = "0.41.0"
+release = "0.42.0"
 
 
 # -- General configuration -------------------------------------------------------------
diff --git a/poetry.lock b/poetry.lock
index 625c8b454..536ab95c6 100644
--- a/poetry.lock
+++ b/poetry.lock
@@ -902,13 +902,13 @@ files = [
 
 [[package]]
 name = "duckdb-engine"
-version = "0.13.4"
+version = "0.13.5"
 description = "SQLAlchemy driver for duckdb"
 optional = false
 python-versions = "<4,>=3.8"
 files = [
-    {file = "duckdb_engine-0.13.4-py3-none-any.whl", hash = "sha256:0fdf84fe3b77268d031830f0e96b0b3f8cbb67816300baf9d7475bb9533959a1"},
-    {file = "duckdb_engine-0.13.4.tar.gz", hash = "sha256:3deda72f136f30689e00b35278cedd031dd84bb2606d01014b90d13253490a49"},
+    {file = "duckdb_engine-0.13.5-py3-none-any.whl", hash = "sha256:c32c553bf145cd32d1f9e9acfacea2b0288c4d014abd766a3f1f13efd11d0d90"},
+    {file = "duckdb_engine-0.13.5.tar.gz", hash = "sha256:5265cf2401c7053d34ceb8222cf03eb5e7a51c73e999ad4b286769e3546e9532"},
 ]
 
 [package.dependencies]
@@ -1955,13 +1955,13 @@ files = [
 
 [[package]]
 name = "packaging"
-version = "24.1"
+version = "24.2"
 description = "Core utilities for Python packages"
 optional = false
 python-versions = ">=3.8"
 files = [
-    {file = "packaging-24.1-py3-none-any.whl", hash = "sha256:5b8f2217dbdbd2f7f384c41c628544e6d52f2d0f53c6d0c3ea61aa5d1d7ff124"},
-    {file = "packaging-24.1.tar.gz", hash = "sha256:026ed72c8ed3fcce5bf8950572258698927fd1dbda10a5e981cdf0ac37f4f002"},
+    {file = "packaging-24.2-py3-none-any.whl", hash = "sha256:09abb1bccd265c01f4a3aa3f7a7db064b36514d2cba19a2f694fe6150451a759"},
+    {file = "packaging-24.2.tar.gz", hash = "sha256:c228a6dc5e932d346bc5739379109d49e8853dd8223571c7c5b55260edc0b97f"},
 ]
 
 [[package]]
diff --git a/pyproject.toml b/pyproject.toml
index 12fe28ed5..680d2e33d 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -194,7 +194,7 @@ xfail_strict = false
 
 [tool.commitizen]
 name = "cz_version_bump"
-version = "0.41.0"
+version = "0.42.0"
 changelog_merge_prerelease = true
 prerelease_offset = 1
 tag_format = "v$major.$minor.$patch$prerelease"