diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index f80c008773..441e0825ce 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1,3 +1,3 @@
 {
-  ".": "0.119.5"
+  ".": "0.120.0"
 }
diff --git a/CHANGELOG.md b/CHANGELOG.md
index da7521eb5b..fb802df55b 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,16 @@
 # Changelog
 
+## [0.120.0](https://github.com/chio-labs/sqlbuild/compare/v0.119.5...v0.120.0) (2026-09-27)
+
+
+### ⚠ BREAKING CHANGES
+
+* Python nodes and their helper modules must live under python/ (for example python/tasks/orders.py, imported as python.tasks.orders). Python under tasks/, assets/, checks/, loaders/, factories/, libs/, dagster/, rivers_pipeline/, or a root definitions.py now fails compilation with D016. Python path selectors use python/... instead of tasks/, assets/, checks/, or loaders/.
+
+### Features
+
+* merge Python node folders into python/ ([#850](https://github.com/chio-labs/sqlbuild/issues/850)) ([cbaa787](https://github.com/chio-labs/sqlbuild/commit/cbaa78714a0bd9e8508d8d75d97c998c91c87bfc))
+
 ## [0.119.5](https://github.com/chio-labs/sqlbuild/compare/v0.119.4...v0.119.5) (2026-09-27)
 
 
diff --git a/Cargo.lock b/Cargo.lock
index efd69e717f..7ff26b6b74 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -592,7 +592,7 @@ checksum = "f8fadd59c855ef2080decdef8ff161eb6661b86933c9d82e5ba29dc602a55aba"
 
 [[package]]
 name = "sqlbuild-rules-native"
-version = "0.119.5"
+version = "0.120.0"
 dependencies = [
  "fensu-policy",
  "globset",
diff --git a/crates/sqlbuild-rules-native/Cargo.toml b/crates/sqlbuild-rules-native/Cargo.toml
index d6f2b6b318..b0671e324b 100644
--- a/crates/sqlbuild-rules-native/Cargo.toml
+++ b/crates/sqlbuild-rules-native/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "sqlbuild-rules-native"
-version = "0.119.5"
+version = "0.120.0"
 edition.workspace = true
 license.workspace = true
 publish.workspace = true
diff --git a/pyproject.toml b/pyproject.toml
index 8f419552e5..6e6c13445b 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -7,7 +7,7 @@ build-backend = "maturin"
 
 [project]
 name = "sqlbuild"
-version = "0.119.5"
+version = "0.120.0"
 description = "Typed, test-first SQL pipelines with local E2E testing"
 readme = "README.md"
 requires-python = ">=3.12"
diff --git a/uv.lock b/uv.lock
index 202f320404..9e25e68080 100644
--- a/uv.lock
+++ b/uv.lock
@@ -4137,7 +4137,7 @@ wheels = [
 
 [[package]]
 name = "sqlbuild"
-version = "0.119.5"
+version = "0.120.0"
 source = { editable = "." }
 dependencies = [
     { name = "duckdb" },