diff --git a/README.md b/README.md
index d63c845a58e..1c4a4ed6173 100644
--- a/README.md
+++ b/README.md
@@ -53,7 +53,7 @@ As such support for Python less than 3.8 will be removed in a release after 2024
 
 Starting with the 2.0.0 releases of amazon.aws and community.aws, it is generally the collection's policy to support the versions of `botocore` and `boto3` that were released 12 months prior to the most recent major collection release, following semantic versioning (for example, 2.0.0, 3.0.0).
 
-Version 7.0.0 of this collection supports `boto3 >= 1.26.0` and `botocore >= 1.29.0`
+Version 9.0.0 of this collection supports `boto3 >= 1.28.0` and `botocore >= 1.31.0`
 
 All support for the original AWS SDK `boto` was removed in release 4.0.0.
 
diff --git a/changelogs/fragments/botocore-python.yaml b/changelogs/fragments/botocore-python.yaml
new file mode 100644
index 00000000000..08b72eacd07
--- /dev/null
+++ b/changelogs/fragments/botocore-python.yaml
@@ -0,0 +1,14 @@
+---
+breaking_changes:
+  - The community.aws collection has dropped support for ``botocore<1.31.0`` and
+    ``boto3<1.28.0``. Most modules will continue to work with older versions of
+    the AWS SDK.  However, compatability with older versions of the SDK is not guaranteed
+    and will not be tested. When using older versions of the SDK a warning will
+    be emitted by Ansible
+    (https://github.com/ansible-collections/community.aws/pull/2195).
+deprecated_features:
+  - community.aws collection - due to the AWS SDKs announcing the end of support
+    for Python less than 3.8 (https://aws.amazon.com/blogs/developer/python-support-policy-updates-for-aws-sdks-and-tools/)
+    support for Python less than 3.8 by this collection has been deprecated
+    and will removed in release 10.0.0
+    (https://github.com/ansible-collections/community.aws/pull/2195).
diff --git a/plugins/modules/ecs_service.py b/plugins/modules/ecs_service.py
index be2735cf6da..fae0af619b5 100644
--- a/plugins/modules/ecs_service.py
+++ b/plugins/modules/ecs_service.py
@@ -420,7 +420,6 @@
         loadBalancers:
             description:
                 - A list of load balancer objects
-                - Updating the loadbalancer configuration of an existing service requires botocore>=1.24.14.
             returned: always
             type: complex
             contains:
diff --git a/requirements.txt b/requirements.txt
index cd474e3b66b..131cc3b8f5c 100644
--- a/requirements.txt
+++ b/requirements.txt
@@ -2,5 +2,5 @@
 # - tests/unit/constraints.txt
 # - tests/integration/constraints.txt
 # - tests/integration/targets/setup_botocore_pip
-botocore>=1.29.0
-boto3>=1.26.0
+botocore>=1.31.0
+boto3>=1.28.0
diff --git a/tests/integration/constraints.txt b/tests/integration/constraints.txt
index f388e1f900b..c55f7cdd016 100644
--- a/tests/integration/constraints.txt
+++ b/tests/integration/constraints.txt
@@ -1,10 +1,10 @@
 # Specifically run tests against the oldest versions that we support
-botocore==1.29.0
-boto3==1.26.0
+botocore==1.31.0
+boto3==1.28.0
 
 # AWS CLI has `botocore==` dependencies, provide the one that matches botocore
 # to avoid needing to download over a years worth of awscli wheels.
-awscli==1.27.0
+awscli==1.29.0
 
 # AWS CLI depends on PyYAML <5.5,>=3.10; the latest PyYAML release in that range, 5.4.1, fails to install.
 # Use a version in that range that is known to work (https://github.com/yaml/pyyaml/issues/736)
diff --git a/tests/unit/constraints.txt b/tests/unit/constraints.txt
index 5708323f110..c2fad718813 100644
--- a/tests/unit/constraints.txt
+++ b/tests/unit/constraints.txt
@@ -1,7 +1,7 @@
 # Specifically run tests against the oldest versions that we support
-botocore==1.29.0
-boto3==1.26.0
+botocore==1.31.0
+boto3==1.28.0
 
 # AWS CLI has `botocore==` dependencies, provide the one that matches botocore
 # to avoid needing to download over a years worth of awscli wheels.
-awscli==1.27.0
+awscli==1.29.0