diff --git a/Library/Homebrew/brew.sh b/Library/Homebrew/brew.sh
index 43b966163f..59c6ec3817 100644
--- a/Library/Homebrew/brew.sh
+++ b/Library/Homebrew/brew.sh
@@ -172,7 +172,7 @@ update-preinstall() {
 
   if [[ "$HOMEBREW_COMMAND" = "install" || "$HOMEBREW_COMMAND" = "upgrade" ||
         "$HOMEBREW_COMMAND" = "bump-formula-pr" || "$HOMEBREW_COMMAND" = "bump-cask-pr" ||
-        "$HOMEBREW_COMMAND" = "bundle" ||
+        "$HOMEBREW_COMMAND" = "bundle" || "$HOMEBREW_COMMAND" = "release" ||
         "$HOMEBREW_COMMAND" = "tap" && $HOMEBREW_ARG_COUNT -gt 1 ||
         "$HOMEBREW_CASK_COMMAND" = "install" || "$HOMEBREW_CASK_COMMAND" = "upgrade" ]]
   then
diff --git a/Library/Homebrew/cli/args.rbi b/Library/Homebrew/cli/args.rbi
index bef801d773..50ece18acd 100644
--- a/Library/Homebrew/cli/args.rbi
+++ b/Library/Homebrew/cli/args.rbi
@@ -138,6 +138,12 @@ module Homebrew
       sig { returns(T.nilable(T::Boolean)) }
       def reset_cache?; end
 
+      sig { returns(T.nilable(T::Boolean)) }
+      def major?; end
+
+      sig { returns(T.nilable(T::Boolean)) }
+      def minor?; end
+
       sig { returns(T.nilable(String)) }
       def tag; end
 
diff --git a/Library/Homebrew/dev-cmd/release.rb b/Library/Homebrew/dev-cmd/release.rb
new file mode 100755
index 0000000000..0863c4ab09
--- /dev/null
+++ b/Library/Homebrew/dev-cmd/release.rb
@@ -0,0 +1,94 @@
+# typed: true
+# frozen_string_literal: true
+
+require "cli/parser"
+
+module Homebrew
+  extend T::Sig
+
+  module_function
+
+  sig { returns(CLI::Parser) }
+  def release_args
+    Homebrew::CLI::Parser.new do
+      description <<~EOS
+        Create a new draft Homebrew/brew release with the appropriate version number and release notes.
+
+        By default, `brew release` will bump the patch version number. Pass
+        `--major` or `--minor` to bump the major or minor version numbers, respectively.
+        The command will fail if the previous major or minor release was made less than
+        one month ago.
+
+        Requires write access to the Homebrew/brew repository.
+      EOS
+      switch "--major",
+             description: "Create a major release."
+      switch "--minor",
+             description: "Create a minor release."
+      conflicts "--major", "--minor"
+
+      named_args :none
+    end
+  end
+
+  def release
+    args = release_args.parse
+
+    safe_system "git", "-C", HOMEBREW_REPOSITORY, "fetch", "origin" if Homebrew::EnvConfig.no_auto_update?
+
+    begin
+      latest_release = GitHub.get_latest_release "Homebrew", "brew"
+    rescue GitHub::HTTPNotFoundError
+      odie "No existing releases found!"
+    end
+    latest_version = Version.new latest_release["tag_name"]
+
+    if args.major? || args.minor?
+      one_month_ago = Date.today << 1
+      latest_major_minor_release = begin
+        GitHub.get_release "Homebrew", "brew", "#{latest_version.major_minor}.0"
+      rescue GitHub::HTTPNotFoundError
+        nil
+      end
+
+      if latest_major_minor_release.blank?
+        opoo "Unable to determine the release date of the latest major/minor release."
+      elsif Date.parse(latest_major_minor_release["published_at"]) > one_month_ago
+        odie "The latest major/minor release was less than one month ago."
+      end
+    end
+
+    new_version = if args.major?
+      Version.new [latest_version.major.to_i + 1, 0, 0].join(".")
+    elsif args.minor?
+      Version.new [latest_version.major, latest_version.minor.to_i + 1, 0].join(".")
+    else
+      Version.new [latest_version.major, latest_version.minor, latest_version.patch.to_i + 1].join(".")
+    end.to_s
+
+    ohai "Creating draft release for version #{new_version}"
+    release_notes = if args.major? || args.minor?
+      ["Release notes for this release can be found on the [Homebrew blog](https://brew.sh/blog/#{new_version})."]
+    else
+      []
+    end
+    release_notes += Utils.popen_read(
+      "git", "-C", HOMEBREW_REPOSITORY, "log", "--pretty=format:'%s >> - %b%n'", "#{latest_version}..origin/HEAD"
+    ).lines.grep(/Merge pull request/).map! do |s|
+      pr = s.gsub(%r{.*Merge pull request #(\d+) from ([^/]+)/[^>]*(>>)*},
+                  "https://github.com/Homebrew/brew/pull/\\1 (@\\2)")
+      /(.*\d)+ \(@(.+)\) - (.*)/ =~ pr
+      "- [#{Regexp.last_match(3)}](#{Regexp.last_match(1)}) (@#{Regexp.last_match(2)})"
+    end
+
+    begin
+      release = GitHub.create_or_update_release "Homebrew", "brew", new_version,
+                                                body: release_notes.join("\n"), draft: true
+    rescue *GitHub::API_ERRORS => e
+      odie "Unable to create release: #{e.message}!"
+    end
+
+    puts release["html_url"]
+    exec_browser release["html_url"]
+  end
+end
diff --git a/Library/Homebrew/utils/github.rb b/Library/Homebrew/utils/github.rb
index dd21cbe17a..4b0f7776ea 100644
--- a/Library/Homebrew/utils/github.rb
+++ b/Library/Homebrew/utils/github.rb
@@ -482,7 +482,12 @@ module GitHub
     open_api(url, request_method: :GET)
   end
 
-  def create_or_update_release(user, repo, tag, id: nil, name: nil, draft: false)
+  def get_latest_release(user, repo)
+    url = "#{API_URL}/repos/#{user}/#{repo}/releases/latest"
+    open_api(url, request_method: :GET)
+  end
+
+  def create_or_update_release(user, repo, tag, id: nil, name: nil, body: nil, draft: false)
     url = "#{API_URL}/repos/#{user}/#{repo}/releases"
     method = if id
       url += "/#{id}"
@@ -495,6 +500,7 @@ module GitHub
       name:     name || tag,
       draft:    draft,
     }
+    data[:body] = body if body.present?
     open_api(url, data: data, request_method: method, scopes: CREATE_ISSUE_FORK_OR_PR_SCOPES)
   end
 
diff --git a/completions/bash/brew b/completions/bash/brew
index 7941e54fee..36d8ddb2f0 100644
--- a/completions/bash/brew
+++ b/completions/bash/brew
@@ -1663,6 +1663,23 @@ _brew_reinstall() {
   __brew_complete_casks
 }
 
+_brew_release() {
+  local cur="${COMP_WORDS[COMP_CWORD]}"
+  case "$cur" in
+    -*)
+      __brewcomp "
+      --debug
+      --help
+      --major
+      --minor
+      --quiet
+      --verbose
+      "
+      return
+      ;;
+  esac
+}
+
 _brew_release_notes() {
   local cur="${COMP_WORDS[COMP_CWORD]}"
   case "$cur" in
@@ -2418,6 +2435,7 @@ _brew() {
     prof) _brew_prof ;;
     readall) _brew_readall ;;
     reinstall) _brew_reinstall ;;
+    release) _brew_release ;;
     release-notes) _brew_release_notes ;;
     remove) _brew_remove ;;
     rm) _brew_rm ;;
diff --git a/completions/internal_commands_list.txt b/completions/internal_commands_list.txt
index c63fd6ef0b..c258fbd350 100644
--- a/completions/internal_commands_list.txt
+++ b/completions/internal_commands_list.txt
@@ -72,6 +72,7 @@ pr-upload
 prof
 readall
 reinstall
+release
 release-notes
 remove
 rm
diff --git a/docs/Manpage.md b/docs/Manpage.md
index 361ae2ff3b..b88abaa26f 100644
--- a/docs/Manpage.md
+++ b/docs/Manpage.md
@@ -1208,6 +1208,22 @@ Run Homebrew with a Ruby profiler, e.g. `brew prof readall`.
 * `--stackprof`:
   Use `stackprof` instead of `ruby-prof` (the default).
 
+### `release` [*`--major`*] [*`--minor`*]
+
+Create a new draft Homebrew/brew release with the appropriate version number and release notes.
+
+By default, `brew release` will bump the patch version number. Pass
+`--major` or `--minor` to bump the major or minor version numbers, respectively.
+The command will fail if the previous major or minor release was made less than
+one month ago.
+
+Requires write access to the Homebrew/brew repository.
+
+* `--major`:
+  Create a major release.
+* `--minor`:
+  Create a minor release.
+
 ### `release-notes` [*`options`*] [*`previous_tag`*] [*`end_ref`*]
 
 Print the merged pull requests on Homebrew/brew between two Git refs.
diff --git a/manpages/brew.1 b/manpages/brew.1
index 5c90003237..74b80b08fb 100644
--- a/manpages/brew.1
+++ b/manpages/brew.1
@@ -1686,6 +1686,23 @@ Run Homebrew with a Ruby profiler, e\.g\. \fBbrew prof readall\fR\.
 \fB\-\-stackprof\fR
 Use \fBstackprof\fR instead of \fBruby\-prof\fR (the default)\.
 .
+.SS "\fBrelease\fR [\fI\-\-major\fR] [\fI\-\-minor\fR]"
+Create a new draft Homebrew/brew release with the appropriate version number and release notes\.
+.
+.P
+By default, \fBbrew release\fR will bump the patch version number\. Pass \fB\-\-major\fR or \fB\-\-minor\fR to bump the major or minor version numbers, respectively\. The command will fail if the previous major or minor release was made less than one month ago\.
+.
+.P
+Requires write access to the Homebrew/brew repository\.
+.
+.TP
+\fB\-\-major\fR
+Create a major release\.
+.
+.TP
+\fB\-\-minor\fR
+Create a minor release\.
+.
 .SS "\fBrelease\-notes\fR [\fIoptions\fR] [\fIprevious_tag\fR] [\fIend_ref\fR]"
 Print the merged pull requests on Homebrew/brew between two Git refs\. If no \fIprevious_tag\fR is provided it defaults to the latest tag\. If no \fIend_ref\fR is provided it defaults to \fBorigin/master\fR\.
 .