diff --git a/packages/aws-cdk-lib/aws-applicationautoscaling/README.md b/packages/aws-cdk-lib/aws-applicationautoscaling/README.md
index 6bc05ee9882f2..b52ef8ad4b1d7 100644
--- a/packages/aws-cdk-lib/aws-applicationautoscaling/README.md
+++ b/packages/aws-cdk-lib/aws-applicationautoscaling/README.md
@@ -177,6 +177,7 @@ The following example scales the fleet out in the morning, and lets natural
 scaling take over at night:
 
 ```ts
+import { TimeZone } from 'aws-cdk-lib';
 declare const resource: SomeScalableResource;
 
 const capacity = resource.autoScaleCapacity({
@@ -187,11 +188,13 @@ const capacity = resource.autoScaleCapacity({
 capacity.scaleOnSchedule('PrescaleInTheMorning', {
   schedule: appscaling.Schedule.cron({ hour: '8', minute: '0' }),
   minCapacity: 20,
+  timeZone: TimeZone.AMERICA_DENVER,
 });
 
 capacity.scaleOnSchedule('AllowDownscalingAtNight', {
   schedule: appscaling.Schedule.cron({ hour: '20', minute: '0' }),
-  minCapacity: 1
+  minCapacity: 1,
+  timeZone: TimeZone.AMERICA_DENVER,
 });
 ```
 
@@ -205,7 +208,7 @@ import * as lambda from 'aws-cdk-lib/aws-lambda';
 declare const code: lambda.Code;
 
 const handler = new lambda.Function(this, 'MyFunction', {
-  runtime: lambda.Runtime.PYTHON_3_7,
+  runtime: lambda.Runtime.PYTHON_3_12,
   handler: 'index.handler',
   code,
 
diff --git a/packages/aws-cdk-lib/aws-applicationautoscaling/lib/scalable-target.ts b/packages/aws-cdk-lib/aws-applicationautoscaling/lib/scalable-target.ts
index fc806c27ac185..fe6fe8f31443e 100644
--- a/packages/aws-cdk-lib/aws-applicationautoscaling/lib/scalable-target.ts
+++ b/packages/aws-cdk-lib/aws-applicationautoscaling/lib/scalable-target.ts
@@ -4,7 +4,7 @@ import { Schedule } from './schedule';
 import { BasicStepScalingPolicyProps, StepScalingPolicy } from './step-scaling-policy';
 import { BasicTargetTrackingScalingPolicyProps, TargetTrackingScalingPolicy } from './target-tracking-scaling-policy';
 import * as iam from '../../aws-iam';
-import { IResource, Lazy, Resource, withResolved } from '../../core';
+import { IResource, Lazy, Resource, TimeZone, withResolved } from '../../core';
 
 export interface IScalableTarget extends IResource {
   /**
@@ -161,6 +161,7 @@ export class ScalableTarget extends Resource implements IScalableTarget {
         maxCapacity: action.maxCapacity,
         minCapacity: action.minCapacity,
       },
+      timezone: action.timeZone?.timezoneName,
     });
   }
 
@@ -225,6 +226,14 @@ export interface ScalingSchedule {
    * @default No new maximum capacity
    */
   readonly maxCapacity?: number;
+
+  /**
+   * The time zone used when referring to the date and time of a scheduled action,
+   * when the scheduled action uses an at or cron expression.
+   *
+   * @default - UTC
+   */
+  readonly timeZone?: TimeZone;
 }
 
 /**
diff --git a/packages/aws-cdk-lib/aws-applicationautoscaling/test/scalable-target.test.ts b/packages/aws-cdk-lib/aws-applicationautoscaling/test/scalable-target.test.ts
index e6837fe329938..c5ac0cd4c5e8b 100644
--- a/packages/aws-cdk-lib/aws-applicationautoscaling/test/scalable-target.test.ts
+++ b/packages/aws-cdk-lib/aws-applicationautoscaling/test/scalable-target.test.ts
@@ -79,6 +79,38 @@ describe('scalable target', () => {
     });
   });
 
+  test('set timzone in scaleOnSchedule()', () => {
+    // GIVEN
+    const stack = new cdk.Stack();
+    const target = createScalableTarget(stack);
+
+    // WHEN
+    target.scaleOnSchedule('ScaleUp', {
+      schedule: appscaling.Schedule.cron({
+        hour: '8',
+        day: '1',
+      }),
+      maxCapacity: 50,
+      minCapacity: 1,
+      timeZone: cdk.TimeZone.AMERICA_DENVER,
+    });
+
+    // THEN
+    Template.fromStack(stack).hasResourceProperties('AWS::ApplicationAutoScaling::ScalableTarget', {
+      ScheduledActions: [
+        {
+          ScalableTargetAction: {
+            MaxCapacity: 50,
+            MinCapacity: 1,
+          },
+          Schedule: 'cron(* 8 1 * ? *)',
+          ScheduledActionName: 'ScaleUp',
+          Timezone: 'America/Denver',
+        },
+      ],
+    });
+  });
+
   test('scheduled scaling shows warning when minute is not defined in cron', () => {
     // GIVEN
     const stack = new cdk.Stack();