diff --git a/build.sbt b/build.sbt
index 24f0103cf..336bf8c02 100644
--- a/build.sbt
+++ b/build.sbt
@@ -767,6 +767,7 @@ lazy val mainProj = (project in file("main"))
       exclude[DirectMissingMethodProblem]("sbt.plugins.SbtPlugin.requires"),
       exclude[DirectMissingMethodProblem]("sbt.ResolvedClasspathDependency.apply"),
       exclude[DirectMissingMethodProblem]("sbt.ClasspathDependency.apply"),
+      exclude[IncompatibleSignatureProblem]("sbt.plugins.SemanticdbPlugin.globalSettings"),
 
       // File -> Source
       exclude[DirectMissingMethodProblem]("sbt.Defaults.cleanFilesTask"),
diff --git a/main/src/main/scala/sbt/plugins/SemanticdbPlugin.scala b/main/src/main/scala/sbt/plugins/SemanticdbPlugin.scala
index bb80501dc..c6791b462 100644
--- a/main/src/main/scala/sbt/plugins/SemanticdbPlugin.scala
+++ b/main/src/main/scala/sbt/plugins/SemanticdbPlugin.scala
@@ -17,18 +17,18 @@ object SemanticdbPlugin extends AutoPlugin {
   override def requires = JvmPlugin
   override def trigger = allRequirements
 
-  override lazy val globalSettings = Seq(
+  override lazy val globalSettings: Seq[Def.Setting[_]] = Seq(
     semanticdbEnabled := false,
     semanticdbIncludeInJar := false,
     semanticdbOptions := List("-Yrangepos"),
-    semanticdbVersion := "4.1.0",
+    semanticdbVersion := "4.2.3"
+  )
+
+  override lazy val projectSettings: Seq[Def.Setting[_]] = Seq(
     semanticdbCompilerPlugin := {
       val v = semanticdbVersion.value
       ("org.scalameta" % "semanticdb-scalac" % v).cross(CrossVersion.full)
-    }
-  )
-
-  override lazy val projectSettings = Seq(
+    },
     allDependencies ++= {
       val sdb = semanticdbEnabled.value
       val m = semanticdbCompilerPlugin.value
diff --git a/sbt/src/sbt-test/project/semanticdb-version/build.sbt b/sbt/src/sbt-test/project/semanticdb-version/build.sbt
new file mode 100644
index 000000000..c447644ca
--- /dev/null
+++ b/sbt/src/sbt-test/project/semanticdb-version/build.sbt
@@ -0,0 +1,18 @@
+ThisBuild / scalaVersion := "2.12.8"
+ThisBuild / semanticdbEnabled := true
+ThisBuild / semanticdbVersion := "4.2.3"
+ThisBuild / semanticdbIncludeInJar := false
+
+lazy val root = (project in file("."))
+
+lazy val check = taskKey[Unit]("Checks the configured semanticdbVersion")
+
+check := {
+	val expected = Some("4.2.3")
+	val actual = allDependencies
+	  .value
+	  .find(_.name == "semanticdb-scalac")
+	  .map(_.revision)
+		
+	assert(actual == expected, s"Expected version to be $expected, was $actual")
+}
diff --git a/sbt/src/sbt-test/project/semanticdb-version/src/main/scala/foo/Test.scala b/sbt/src/sbt-test/project/semanticdb-version/src/main/scala/foo/Test.scala
new file mode 100644
index 000000000..0bf6e4111
--- /dev/null
+++ b/sbt/src/sbt-test/project/semanticdb-version/src/main/scala/foo/Test.scala
@@ -0,0 +1,7 @@
+package foo
+
+object Test {
+  def main(args: Array[String]): Unit = {
+    println("hello world")
+  }
+}
diff --git a/sbt/src/sbt-test/project/semanticdb-version/test b/sbt/src/sbt-test/project/semanticdb-version/test
new file mode 100644
index 000000000..15675b169
--- /dev/null
+++ b/sbt/src/sbt-test/project/semanticdb-version/test
@@ -0,0 +1 @@
+> check