diff --git a/.bumpversion.cfg b/.bumpversion.cfg
index 23aaeed4e42..71f88139234 100644
--- a/.bumpversion.cfg
+++ b/.bumpversion.cfg
@@ -1,5 +1,5 @@
 [bumpversion]
-current_version = 75.4.0
+current_version = 75.5.0
 commit = True
 tag = True
 
diff --git a/NEWS.rst b/NEWS.rst
index 04666a9c027..25dac78e1d0 100644
--- a/NEWS.rst
+++ b/NEWS.rst
@@ -1,3 +1,13 @@
+v75.5.0
+=======
+
+Features
+--------
+
+- Removed support for ``SETUPTOOLS_DANGEROUSLY_SKIP_PYPROJECT_VALIDATION``, as it
+  is deemed prone to errors. (#4746)
+
+
 v75.4.0
 =======
 
@@ -11,6 +21,10 @@ Features
   issues, as it may lead to improper functioning.
   Users who enable this setting are responsible for ensuring that ``pyproject.toml``
   complies with setuptools requirements. (#4611)
+
+  .. attention::
+     This environment variable was removed in a later version of ``setuptools``.
+
 - Require Python 3.9 or later. (#4718)
 - Remove dependency on ``importlib_resources``
   and the vendored copy of the library.
diff --git a/newsfragments/4746.feature.rst b/newsfragments/4746.feature.rst
deleted file mode 100644
index a66da9e943f..00000000000
--- a/newsfragments/4746.feature.rst
+++ /dev/null
@@ -1,2 +0,0 @@
-Removed support for ``SETUPTOOLS_DANGEROUSLY_SKIP_PYPROJECT_VALIDATION``, as it
-is deemed prone to errors.
diff --git a/pyproject.toml b/pyproject.toml
index c8a739bcadc..60ea8661b3c 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -5,7 +5,7 @@ backend-path = ["."]
 
 [project]
 name = "setuptools"
-version = "75.4.0"
+version = "75.5.0"
 authors = [
 	{ name = "Python Packaging Authority", email = "distutils-sig@python.org" },
 ]