diff --git a/.changes/1.28.74.json b/.changes/1.28.74.json
new file mode 100644
index 0000000000..7f654ca258
--- /dev/null
+++ b/.changes/1.28.74.json
@@ -0,0 +1,52 @@
+[
+  {
+    "category": "``connect``",
+    "description": "[``botocore``] This release adds InstanceId field for phone number APIs.",
+    "type": "api-change"
+  },
+  {
+    "category": "``dataexchange``",
+    "description": "[``botocore``] We added a new API action: SendDataSetNotification.",
+    "type": "api-change"
+  },
+  {
+    "category": "``datasync``",
+    "description": "[``botocore``] Platform version changes to support AL1 deprecation initiative.",
+    "type": "api-change"
+  },
+  {
+    "category": "``finspace``",
+    "description": "[``botocore``] Introducing new API UpdateKxClusterCodeConfiguration, introducing new cache types for clusters and introducing new deployment modes for updating clusters.",
+    "type": "api-change"
+  },
+  {
+    "category": "``mediapackagev2``",
+    "description": "[``botocore``] This feature allows customers to create a combination of manifest filtering, startover and time delay configuration that applies to all egress requests by default.",
+    "type": "api-change"
+  },
+  {
+    "category": "``rds``",
+    "description": "[``botocore``] This release launches the CreateIntegration, DeleteIntegration, and DescribeIntegrations APIs to manage zero-ETL Integrations.",
+    "type": "api-change"
+  },
+  {
+    "category": "``redshift-serverless``",
+    "description": "[``botocore``] Added support for custom domain names for Amazon Redshift Serverless workgroups. This feature enables customers to create a custom domain name and use ACM to generate fully secure connections to it.",
+    "type": "api-change"
+  },
+  {
+    "category": "``resiliencehub``",
+    "description": "[``botocore``] Introduced the ability to filter applications by their last assessment date and time and have included metrics for the application's estimated workload Recovery Time Objective (RTO) and estimated workload Recovery Point Objective (RPO).",
+    "type": "api-change"
+  },
+  {
+    "category": "``s3outposts``",
+    "description": "[``botocore``] Updated ListOutpostsWithS3 API response to include S3OutpostArn for use with AWS RAM.",
+    "type": "api-change"
+  },
+  {
+    "category": "``wisdom``",
+    "description": "[``botocore``] This release added necessary API documents on creating a Wisdom knowledge base to integrate with S3.",
+    "type": "api-change"
+  }
+]
\ No newline at end of file
diff --git a/CHANGELOG.rst b/CHANGELOG.rst
index f04c83dd09..8803d183b9 100644
--- a/CHANGELOG.rst
+++ b/CHANGELOG.rst
@@ -2,6 +2,21 @@
 CHANGELOG
 =========
 
+1.28.74
+=======
+
+* api-change:``connect``: [``botocore``] This release adds InstanceId field for phone number APIs.
+* api-change:``dataexchange``: [``botocore``] We added a new API action: SendDataSetNotification.
+* api-change:``datasync``: [``botocore``] Platform version changes to support AL1 deprecation initiative.
+* api-change:``finspace``: [``botocore``] Introducing new API UpdateKxClusterCodeConfiguration, introducing new cache types for clusters and introducing new deployment modes for updating clusters.
+* api-change:``mediapackagev2``: [``botocore``] This feature allows customers to create a combination of manifest filtering, startover and time delay configuration that applies to all egress requests by default.
+* api-change:``rds``: [``botocore``] This release launches the CreateIntegration, DeleteIntegration, and DescribeIntegrations APIs to manage zero-ETL Integrations.
+* api-change:``redshift-serverless``: [``botocore``] Added support for custom domain names for Amazon Redshift Serverless workgroups. This feature enables customers to create a custom domain name and use ACM to generate fully secure connections to it.
+* api-change:``resiliencehub``: [``botocore``] Introduced the ability to filter applications by their last assessment date and time and have included metrics for the application's estimated workload Recovery Time Objective (RTO) and estimated workload Recovery Point Objective (RPO).
+* api-change:``s3outposts``: [``botocore``] Updated ListOutpostsWithS3 API response to include S3OutpostArn for use with AWS RAM.
+* api-change:``wisdom``: [``botocore``] This release added necessary API documents on creating a Wisdom knowledge base to integrate with S3.
+
+
 1.28.73
 =======
 
diff --git a/boto3/__init__.py b/boto3/__init__.py
index cdf999f5d2..66c18d82a4 100644
--- a/boto3/__init__.py
+++ b/boto3/__init__.py
@@ -17,7 +17,7 @@
 from boto3.session import Session
 
 __author__ = 'Amazon Web Services'
-__version__ = '1.28.73'
+__version__ = '1.28.74'
 
 
 # The default Boto3 session; autoloaded when needed.
diff --git a/setup.cfg b/setup.cfg
index 43c2d7829f..d4da046bc4 100644
--- a/setup.cfg
+++ b/setup.cfg
@@ -3,7 +3,7 @@ universal = 0
 
 [metadata]
 requires_dist =
-    botocore>=1.31.73,<1.32.0
+    botocore>=1.31.74,<1.32.0
     jmespath>=0.7.1,<2.0.0
     s3transfer>=0.7.0,<0.8.0
 
diff --git a/setup.py b/setup.py
index 5e41ec505d..024d4ba667 100644
--- a/setup.py
+++ b/setup.py
@@ -13,7 +13,7 @@
 
 
 requires = [
-    'botocore>=1.31.73,<1.32.0',
+    'botocore>=1.31.74,<1.32.0',
     'jmespath>=0.7.1,<2.0.0',
     's3transfer>=0.7.0,<0.8.0',
 ]