Bumping version to 1.12.0rc3 and generate changelog

Author: FishtownBuildBot

.changes/1.12.0-rc3.md

@@ -0,0 +1,19 @@
+## dbt-core 1.12.0-rc3 - July 14, 2026
+
+### Features
+
+- Add hints for cli users based on dbt usage ([#15510](https://github.com/dbt-labs/dbt-core/issues/15510))
+
+### Fixes
+
+- Carry ref/source/function dependencies declared inside an overloaded UDF's overload body onto the root function node, so they are not dropped from the DAG when the overload SQL file is absorbed ([#15501](https://github.com/dbt-labs/dbt-core/issues/15501))
+- Update reuse relations hint text ([#15510](https://github.com/dbt-labs/dbt-core/issues/15510))
+
+### Under the Hood
+
+- Reduce parse-time memory and macro-generation overhead by virtualizing macros and switching flat_graph/WritableManifest to lazy no-copy views ([#15524](https://github.com/dbt-labs/dbt-core/issues/15524))
+
+### Contributors
+- [@aahel](https://github.com/aahel) ([#15501](https://github.com/dbt-labs/dbt-core/issues/15501))
+- [@ash2shukla](https://github.com/ash2shukla) ([#15510](https://github.com/dbt-labs/dbt-core/issues/15510), [#15510](https://github.com/dbt-labs/dbt-core/issues/15510), [#15524](https://github.com/dbt-labs/dbt-core/issues/15524))
+- [@peterallenwebb](https://github.com/peterallenwebb) ([#15524](https://github.com/dbt-labs/dbt-core/issues/15524))

…unreleased/Features-20260711-014336.yaml …ges/1.12.0/Features-20260711-014336.yaml.changes/unreleased/Features-20260711-014336.yaml renamed to .changes/1.12.0/Features-20260711-014336.yaml .changes/unreleased/Features-20260711-014336.yaml renamed to .changes/1.12.0/Features-20260711-014336.yaml

@@ -5,6 +5,27 @@
 - "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-core/blob/main/CONTRIBUTING.md#adding-changelog-entry)
 
+## dbt-core 1.12.0-rc3 - July 14, 2026
+
+### Features
+
+- Add hints for cli users based on dbt usage ([#15510](https://github.com/dbt-labs/dbt-core/issues/15510))
+
+### Fixes
+
+- Carry ref/source/function dependencies declared inside an overloaded UDF's overload body onto the root function node, so they are not dropped from the DAG when the overload SQL file is absorbed ([#15501](https://github.com/dbt-labs/dbt-core/issues/15501))
+- Update reuse relations hint text ([#15510](https://github.com/dbt-labs/dbt-core/issues/15510))
+
+### Under the Hood
+
+- Reduce parse-time memory and macro-generation overhead by virtualizing macros and switching flat_graph/WritableManifest to lazy no-copy views ([#15524](https://github.com/dbt-labs/dbt-core/issues/15524))
+
+### Contributors
+- [@aahel](https://github.com/aahel) ([#15501](https://github.com/dbt-labs/dbt-core/issues/15501))
+- [@ash2shukla](https://github.com/ash2shukla) ([#15510](https://github.com/dbt-labs/dbt-core/issues/15510), [#15510](https://github.com/dbt-labs/dbt-core/issues/15510), [#15524](https://github.com/dbt-labs/dbt-core/issues/15524))
+- [@peterallenwebb](https://github.com/peterallenwebb) ([#15524](https://github.com/dbt-labs/dbt-core/issues/15524))
+
+
 ## dbt-core 1.12.0-rc2 - July 09, 2026
 
 ### Breaking Changes
@@ -25,7 +46,6 @@
 - [@aahel](https://github.com/aahel) ([#15156](https://github.com/dbt-labs/dbt-core/issues/15156))
 - [@itsnamangoyal](https://github.com/itsnamangoyal) ([#12713](https://github.com/dbt-labs/dbt-core/issues/12713), [#](https://github.com/dbt-labs/dbt-core/issues/))
 
-
 ## dbt-core 1.12.0-rc1 - July 07, 2026
 
 ### Breaking Changes

…es/unreleased/Fixes-20260710-121800.yaml …hanges/1.12.0/Fixes-20260710-121800.yaml.changes/unreleased/Fixes-20260710-121800.yaml renamed to .changes/1.12.0/Fixes-20260710-121800.yaml .changes/unreleased/Fixes-20260710-121800.yaml renamed to .changes/1.12.0/Fixes-20260710-121800.yaml

@@ -1 +1 @@
-version = "1.12.0rc2"
+version = "1.12.0rc3"