The Nicotine Inhaling Products Bill seeks to outlaw the production, distribution, and importation of disposable or single-use vaporisers into Ireland.
The new law also restricts the tastes that may be used in vape devices to tobacco, with the option to change the list of permitted flavours in response to new information.
Vape product point-of-sale displays and advertising will be prohibited in stores other than those that specialise in selling these items.
Stephen Donnelly, the minister of health, intends to propose these policies on the basis of public health and the environment.
The Cabinet was informed that a disproportionate number of younger people use single-use vapes, which are reasonably priced.
Additionally, they harm the environment by leaving waste behind and disposing of their batteries and plastics in the wrong containers when they need to be recycled.
According to Mr. Donnelly, this law "will reduce the attractiveness and availability of vapes in order to tackle the rise in vape use among children and young people."
"It's critical to take action because nicotine is addictive and the long-term effects of these products are unknown," he stated.
"I know that some adult smokers use nicotine inhaling products to quit smoking so these products, other than disposable vapes, will continue to remain available."
Speaking on his way into the Cabinet meeting, Mr Donnelly said that the proposed legislation would "bring in bans on flavours".
"We'd be starting with just one flavour, but the minister of the day could expand that if required," he said.
"A ban on some of the colour around the packaging and the products themselves, restrictions on a point of sale as well."