diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index 1f79fd2d1..81d2de2d2 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1,3 +1,3 @@
 {
-  ".": "1.30.1"
+  ".": "1.31.0"
 }
\ No newline at end of file
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 4b4949258..f9bcd15d3 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,17 @@
 # Changelog
 
+## [1.31.0](https://github.com/googleapis/google-auth-library-java/compare/v1.30.1...v1.31.0) (2025-01-20)
+
+
+### Features
+
+* Support transport and binding-enforcement MDS parameters. ([#1558](https://github.com/googleapis/google-auth-library-java/issues/1558)) ([9828a8e](https://github.com/googleapis/google-auth-library-java/commit/9828a8eeb9f144f7c341df0c03282a8790356962))
+
+
+### Documentation
+
+* Promote use of bill of materials in quickstart documentation ([#1620](https://github.com/googleapis/google-auth-library-java/issues/1620)) ([fc20d9c](https://github.com/googleapis/google-auth-library-java/commit/fc20d9c9d33b7eada964cf41297f8a3e13c27fe1)), closes [#1552](https://github.com/googleapis/google-auth-library-java/issues/1552)
+
 ## [1.30.1](https://github.com/googleapis/google-auth-library-java/compare/v1.30.0...v1.30.1) (2024-12-11)
 
 
diff --git a/appengine/pom.xml b/appengine/pom.xml
index 28a1bcb32..3f10e5616 100644
--- a/appengine/pom.xml
+++ b/appengine/pom.xml
@@ -5,7 +5,7 @@
   <parent>
     <groupId>com.google.auth</groupId>
     <artifactId>google-auth-library-parent</artifactId>
-    <version>1.30.2-SNAPSHOT</version><!-- {x-version-update:google-auth-library-parent:current} -->
+    <version>1.31.0</version><!-- {x-version-update:google-auth-library-parent:current} -->
     <relativePath>../pom.xml</relativePath>
   </parent>
 
diff --git a/bom/pom.xml b/bom/pom.xml
index 3dca79ead..4c23c007e 100644
--- a/bom/pom.xml
+++ b/bom/pom.xml
@@ -3,7 +3,7 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.auth</groupId>
   <artifactId>google-auth-library-bom</artifactId>
-  <version>1.30.2-SNAPSHOT</version><!-- {x-version-update:google-auth-library-bom:current} -->
+  <version>1.31.0</version><!-- {x-version-update:google-auth-library-bom:current} -->
   <packaging>pom</packaging>
   <name>Google Auth Library for Java BOM</name>
   <description>
diff --git a/credentials/pom.xml b/credentials/pom.xml
index 39e97337f..e04896222 100644
--- a/credentials/pom.xml
+++ b/credentials/pom.xml
@@ -4,7 +4,7 @@
   <parent>
     <groupId>com.google.auth</groupId>
     <artifactId>google-auth-library-parent</artifactId>
-    <version>1.30.2-SNAPSHOT</version><!-- {x-version-update:google-auth-library-parent:current} -->
+    <version>1.31.0</version><!-- {x-version-update:google-auth-library-parent:current} -->
     <relativePath>../pom.xml</relativePath>
   </parent>
 
diff --git a/oauth2_http/pom.xml b/oauth2_http/pom.xml
index 50690d312..2a3f1e065 100644
--- a/oauth2_http/pom.xml
+++ b/oauth2_http/pom.xml
@@ -7,7 +7,7 @@
   <parent>
     <groupId>com.google.auth</groupId>
     <artifactId>google-auth-library-parent</artifactId>
-    <version>1.30.2-SNAPSHOT</version><!-- {x-version-update:google-auth-library-parent:current} -->
+    <version>1.31.0</version><!-- {x-version-update:google-auth-library-parent:current} -->
     <relativePath>../pom.xml</relativePath>
   </parent>
 
diff --git a/pom.xml b/pom.xml
index 48b60be4b..9dcafc6b9 100644
--- a/pom.xml
+++ b/pom.xml
@@ -5,7 +5,7 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.auth</groupId>
   <artifactId>google-auth-library-parent</artifactId>
-  <version>1.30.2-SNAPSHOT</version><!-- {x-version-update:google-auth-library-parent:current} -->
+  <version>1.31.0</version><!-- {x-version-update:google-auth-library-parent:current} -->
   <packaging>pom</packaging>
   <name>Google Auth Library for Java</name>
   <description>Client libraries providing authentication and
diff --git a/versions.txt b/versions.txt
index ae67bd8df..32275e6dc 100644
--- a/versions.txt
+++ b/versions.txt
@@ -1,9 +1,9 @@
 # Format:
 # module:released-version:current-version
 
-google-auth-library:1.30.1:1.30.2-SNAPSHOT
-google-auth-library-bom:1.30.1:1.30.2-SNAPSHOT
-google-auth-library-parent:1.30.1:1.30.2-SNAPSHOT
-google-auth-library-appengine:1.30.1:1.30.2-SNAPSHOT
-google-auth-library-credentials:1.30.1:1.30.2-SNAPSHOT
-google-auth-library-oauth2-http:1.30.1:1.30.2-SNAPSHOT
+google-auth-library:1.31.0:1.31.0
+google-auth-library-bom:1.31.0:1.31.0
+google-auth-library-parent:1.31.0:1.31.0
+google-auth-library-appengine:1.31.0:1.31.0
+google-auth-library-credentials:1.31.0:1.31.0
+google-auth-library-oauth2-http:1.31.0:1.31.0