diff --git a/CHANGELOG.md b/CHANGELOG.md
index a6ee68707..41267f6d9 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -5,6 +5,12 @@ All notable changes to this project will be documented in this file.
 The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0/),
 and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.html).
 
+## [0.11.1] - 2024-02-12 15:00:00
+
+### Added
+
+- Updated `setup.py` Python version requirement to be `python_requires=">=3.7.7, <3.12"`
+
 ## [0.11.0] - 2024-02-06 15:00:00
 
 ### Added
@@ -176,6 +182,7 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 
 
+[0.11.1]: https://github.com/PSLmodels/OG-Core/compare/v0.11.0...v0.11.1
 [0.11.0]: https://github.com/PSLmodels/OG-Core/compare/v0.10.10...v0.11.0
 [0.10.10]: https://github.com/PSLmodels/OG-Core/compare/v0.10.9...v0.10.10
 [0.10.9]: https://github.com/PSLmodels/OG-Core/compare/v0.10.8...v0.10.9
diff --git a/ogcore/__init__.py b/ogcore/__init__.py
index a31f23e4f..a4007093f 100644
--- a/ogcore/__init__.py
+++ b/ogcore/__init__.py
@@ -20,4 +20,4 @@
 from ogcore.txfunc import *
 from ogcore.utils import *
 
-__version__ = "0.11.0"
+__version__ = "0.11.1"
diff --git a/setup.py b/setup.py
index d91ad4607..f58c97766 100755
--- a/setup.py
+++ b/setup.py
@@ -5,7 +5,7 @@
 
 setuptools.setup(
     name="ogcore",
-    version="0.11.0",
+    version="0.11.1",
     author="Jason DeBacker and Richard W. Evans",
     license="CC0 1.0 Universal (CC0 1.0) Public Domain Dedication",
     description="A general equilibribum overlapping generations model for fiscal policy analysis",
@@ -23,7 +23,7 @@
         ]
     },
     include_packages=True,
-    python_requires=">=3.7.7",
+    python_requires=">=3.7.7, <3.12",
     install_requires=[
         "scipy>=1.7.1",
         "pandas>=1.2.5",