diff --git a/codegen/build.gradle.kts b/codegen/build.gradle.kts
index 032e04369..23ad42361 100644
--- a/codegen/build.gradle.kts
+++ b/codegen/build.gradle.kts
@@ -21,7 +21,7 @@ plugins {
     signing
     checkstyle
     jacoco
-    id("com.github.spotbugs") version "6.0.27"
+    id("com.github.spotbugs") version "6.1.0"
     id("io.codearte.nexus-staging") version "0.30.0"
 }
 
diff --git a/codegen/smithy-aws-python-codegen/build.gradle.kts b/codegen/smithy-aws-python-codegen/build.gradle.kts
index bce878e49..89fa2c36e 100644
--- a/codegen/smithy-aws-python-codegen/build.gradle.kts
+++ b/codegen/smithy-aws-python-codegen/build.gradle.kts
@@ -9,5 +9,5 @@ extra["moduleName"] = "software.amazon.smithy.aws.python.codegen"
 
 dependencies {
     implementation(project(":smithy-python-codegen"))
-    implementation("software.amazon.smithy:smithy-aws-traits:1.53.0")
+    implementation("software.amazon.smithy:smithy-aws-traits:1.54.0")
 }
diff --git a/codegen/smithy-python-codegen-test/build.gradle.kts b/codegen/smithy-python-codegen-test/build.gradle.kts
index 5fc9dea06..59b93bf7a 100644
--- a/codegen/smithy-python-codegen-test/build.gradle.kts
+++ b/codegen/smithy-python-codegen-test/build.gradle.kts
@@ -28,6 +28,6 @@ repositories {
 
 dependencies {
     implementation(project(":smithy-python-codegen"))
-    implementation("software.amazon.smithy:smithy-waiters:1.53.0")
-    implementation("software.amazon.smithy:smithy-protocol-test-traits:1.53.0")
+    implementation("software.amazon.smithy:smithy-waiters:1.54.0")
+    implementation("software.amazon.smithy:smithy-protocol-test-traits:1.54.0")
 }
diff --git a/codegen/smithy-python-codegen/build.gradle.kts b/codegen/smithy-python-codegen/build.gradle.kts
index dd19e8403..fdefb9436 100644
--- a/codegen/smithy-python-codegen/build.gradle.kts
+++ b/codegen/smithy-python-codegen/build.gradle.kts
@@ -18,9 +18,9 @@ extra["displayName"] = "Smithy :: Python :: Codegen"
 extra["moduleName"] = "software.amazon.smithy.python.codegen"
 
 dependencies {
-    api("software.amazon.smithy:smithy-codegen-core:1.53.0")
-    implementation("software.amazon.smithy:smithy-waiters:1.53.0")
-    implementation("software.amazon.smithy:smithy-protocol-test-traits:1.53.0")
+    api("software.amazon.smithy:smithy-codegen-core:1.54.0")
+    implementation("software.amazon.smithy:smithy-waiters:1.54.0")
+    implementation("software.amazon.smithy:smithy-protocol-test-traits:1.54.0")
     // We have this because we're using RestJson1 as a 'generic' protocol.
-    implementation("software.amazon.smithy:smithy-aws-traits:1.53.0")
+    implementation("software.amazon.smithy:smithy-aws-traits:1.54.0")
 }
diff --git a/codegen/smithy-python-protocol-test/build.gradle.kts b/codegen/smithy-python-protocol-test/build.gradle.kts
index 6e89580dd..6ccf1b490 100644
--- a/codegen/smithy-python-protocol-test/build.gradle.kts
+++ b/codegen/smithy-python-protocol-test/build.gradle.kts
@@ -28,5 +28,5 @@ repositories {
 
 dependencies {
     implementation(project(":smithy-python-codegen"))
-    implementation("software.amazon.smithy:smithy-aws-protocol-tests:1.53.0")
+    implementation("software.amazon.smithy:smithy-aws-protocol-tests:1.54.0")
 }