No. In fact, there are no "reference" types in JavaScript1 and there is definitely not Reference semantics for variables. There are two classes of values: Primitives, and Objects. However, this question/problem doesn't deal with the distinction.
Rather the question is due to not understanding variable assignment:
// let X be a singleton object, {}
var b = X; // the object X is assigned to the variable `b`
// (this does NOT make a copy)
// b -> X
var a=b; // the object that results from evaluating `b` is assigned to `a`
// however, `a` and `b` are SEPARATE non-related variables
// (once again, no copies are made)
// b -> X, a -> X
b=null; // assigns the value null to `b` - this does NOT AFFECT `a`
// b -> null, a -> X
b==null // true, as b -> null
a==null // false, as a -> X
1 There are mutable objects, and then there is the Reference Specification Type; the RST does not directly apply to the question and it is not related to "reference" types, but it is used to describe l-value behavior of an assignment.
While implementations may use "references" or "pointers" internally, the semantics are entirely defined merely by accepting that an object is itself and that neither an assignment nor use in an expression (such as a function argument) create a copy.