diff --git a/libsass b/libsass
index e1c16e09..8d312a1c 160000
--- a/libsass
+++ b/libsass
@@ -1 +1 @@
-Subproject commit e1c16e09b4a953757a15149deaaf28a3fd81dc97
+Subproject commit 8d312a1c91bb7dd22883ebdfc829003f75a82396
diff --git a/sasstests.py b/sasstests.py
index 45edc24a..79b5837d 100644
--- a/sasstests.py
+++ b/sasstests.py
@@ -1630,11 +1630,12 @@ def test_stack_trace_formatting():
         raise AssertionError('expected to raise CompileError')
     except sass.CompileError:
         tb = traceback.format_exc()
+    # TODO: https://github.com/sass/libsass/issues/3092
     assert tb.endswith(
         'CompileError: Error: Invalid CSS after "a{☃": expected "{", was ""\n'
-        '        on line 1:3 of stdin\n'
+        '        on line 1:5 of stdin\n'
         '>> a{☃\n'
-        '   --^\n\n',
+        '   ----^\n\n',
     )